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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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How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

Without industry-wide master unique identifiers for medical-surgical (med-surg) items, hospitals cannot easily compare products by their attributes to identify cost-savings opportunities, or map product selection to the best patient outcomes. This challenge spelled fear and opportunity in equal parts. We didn’t know the domain.

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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. The market for venture capital is active and favorable, and we seized on that opportunity to accelerate funding,” he added.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities. “Sima.ai

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Despite its many troubles, the insurtech market is ‘far from dead,’ investors say

TechCrunch

Yet, the sector is very much alive, and the “correction” of these companies’ valuations presents an opportunity for those who have cash left on their balance sheets, investors told TechCrunch. This may actually be a great moment for insurtechs to nurture their relationship with incumbents to work on synergies and potential trade sales.”

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DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

TechCrunch

While other solution providers are facing challenging headwinds, DriveNets continues to innovate and execute on its vision to change the future of the networking market.”. “We have seen in the past couple of years some of the incumbent networking vendors starting to adopt our model,” said Susan.

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Why the startup sector should keep its eye on the SEC

TechCrunch

Anthony Cimino Contributor Share on Twitter Anthony Cimino , head of policy at Carta , works with policymakers and innovators to drive economic opportunity through expanding equity ownership and private market liquidity. In short, the SEC’s actions could slow one of our greatest engines of innovation.

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