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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+.

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LMS365, a learning management system built into Microsoft 365 and Teams, raises $20M

TechCrunch

Embedding a learning management system directly into workers’ core everyday tools is one of LMS365’s core selling points versus incumbents in the LMS space such as Workday , Eloomi , or TalentLMS. “Our primary markets (around 80%) are services industry, logistics, manufacturing, automotive, health care and government.”

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Make no bones about it, Fuzzy expands reach into pet care market with capital infusion

TechCrunch

By leading the shift to more telehealth services, Fuzzy hopes to encourage pet parents to consider the health of their pet on a more regular basis to aid in their longevity. 8 VCs agree: Behavioral support and remote visits make digital health a strong bet for 2021. Bond Vet stitches up $170 million from Warburg Pincus.

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There TC: Was it worth it for you to get a charter as a company? And if so, why?

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Ushur, which aims to automate aspects of the customer experience, raises $50M

TechCrunch

Then there’s incumbents like Automation Anywhere and UiPath, which occupy the enormous robotic process automation market. But differences of tech and opinion aside, Ushur has managed to build an objectively strong customer base, with brands like Aflac, Aetna, CVS Health and United Healthcare on the contractual hook for its services.

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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

But Novo sees incumbents as the real “challenger” here. A lot of startups are getting into patterns of raising large funding rounds in rapid succession to ride their respective waves of growth, and to capitalize on the huge opportunity right now to tap deep-pocketed investors looking for smart places to put their LPs’ money.

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation.