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MIC Global Raises US$6 Million Funding Round led by Launchpad Capital

PRIVATEJan 25, 2024

Amount Raised

$6 Million

Round Type

Funding Round

New YorkInsurance

Investors

Ironsides PartnersGreenlight ReLaunchpad Capital

Description

MIC Global announced it has raised a US$6 million seed funding round led by Launchpad Capital, and joined by Greenlight Re, Ironsides Partners, and existing investors. The funding will enable MIC Global to accelerate its growth and mission to provide a global financial safety net through accessible embedded microinsurance, reimagining how insurance is bought and sold, and supporting the company's global growth strategy with a focus on expanding their technology-enabled insurance platform.

Quick answer

MIC Global raised $6 Million in a Funding Round round, dated January 25, 2024. Investors: Ironsides Partners, Greenlight Re and Launchpad Capital. MIC Global is based in New York, United States.

How much did MIC Global raise?
MIC Global raised $6 Million in a Funding Round round on January 25, 2024.
Who invested in MIC Global?
Ironsides Partners, Greenlight Re and Launchpad Capital are named as investors in this round.
What does MIC Global do?
MIC Global is the first embedded micro insurance company operating on a global level.
Where is MIC Global based and how big is it?
MIC Global is based in New York, United States. Fundz records about 11 employees.
Who are the decision-makers at MIC Global?
Fundz holds 1 contact at MIC Global. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance around the same time

Companies in the same sectors as MIC Global that raised within 45 days of this round, from Fundz verified event records.

  • Evertas raised $2.8M (Seed) on March 10, 2024.
  • SOSTENGO raised $3.8M (Seed) on March 5, 2024.
  • Shepherd raised $14M (Series A) on March 4, 2024.
  • Sutika Insurance raised $9.8M on March 1, 2024.
  • Embea raised $4.3M (Seed) on March 1, 2024.
  • Pacific Life raised $12M on March 1, 2024.

Who to call at MIC Global, and when

A new round usually means MIC Global is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

MIC Global

Location

New York, United States

About

MIC Global is the first embedded micro insurance company operating on a global level. We combine simple and relevant products, underwriting capacity, scalable technology, and global distribution through partner channels – to deliver innovative micro insurance to businesses across the world. MIC is a full stack digital micro insurance company that provides embedded micro insurance for today’s digital world. We create embedded micro insurance solutions for platform companies that adds value by enhancing their brand, differentiating their product, driving up revenue, and attracting and retaining customers. With our underwriting capacity enabled through our Lloyd's Syndicate 5183 and MIC Re in Anguilla, we can offer embedded micro insurance to global partners, accommodating projects of all sizes and scope.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.