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Insurtech Korint raised €5M in a Series A funding round led by Ventech to accelerate the development of its innovative Core Insurance Platform.

PRIVATESep 06, 2024•almost 2 years ago

Amount Raised

€5 Million

Round Type

series a

ParisSoftwareSaasInsurtechInsurance

Investors

360 CapitalVentech

Description

Insurtech startup Korint has raised €5M in a second funding round led by Ventech, bringing its total funding to €7M. The new investment will strengthen its tech and insurance development team to enhance their insurance platform, which addresses key challenges in the industry.

Company Information

Company

Korint

Location

Paris, Ile De France, France

About

Korint is an insurtech startup that has developed a powerful 'Core Insurance Platform' SaaS designed for insurers and brokers to deploy new insurance products rapidly. Their platform utilizes an innovative 'event-sourcing' logic engine to manage the entire lifecycle of insurance contracts in real time. With a cloud-hosting, scalable infrastructure, and an API-based architecture, Korint offers flexibility and control over product management. The company aims to address key challenges in the insurance industry through fully digital management tools.

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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