When was Insurwave founded?

Insurwave was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Insurwave located?

Insurwave is headquartered in London, United Kingdom. It is registered at 6 More London Place, London, United Kingdom, SE1 2DA.

Which legal entities is Insurwave associated with?

Insurwave is associated with INSURWAVE LIMITED.

How many employees does Insurwave have?

As of Sep 30, 2026, the latest employee count at Insurwave is 50.

Is Insurwave a funded company?

Insurwave is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Sep 29, 2020.

How much is Insurwave worth?

The last known valuation of Insurwave was £***** as of Apr 02, 2025.

When was the latest funding round of Insurwave?

Insurwave's latest funding was a $***** Series A round on Sep 29, 2020, with participation from 0 investor.

What is the annual revenue of Insurwave?

Annual revenue of Insurwave is less than £1M as on Dec 31, 2024

Where does Insurwave rank among its competitors?

Insurwave ranks 59th amongst 889 active competitors, of which 115 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was FintechOS, which secured $28M in Sep, 2026.

Who are the top competitors of Insurwave?

Insurwave's top competitors include Guidewire, Duck Creek and FintechOS. Among them, FintechOS secured the most recent funding round in September, 2026.

Insurwave - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Insurwave provides a blockchain-enabled software suite for the marine insurance industry. It offers solutions for risk management, data management, data exchange, capital management client management, and more. It features blockchain-based insurance processes via smart contracts and Proof-of-Concept consensus mechanism.

Website: insurwave.com
Registered Address: 6 More London Place, London, United Kingdom, SE1 2DA

Key Metrics

Founded Year

2018

Location

London, United Kingdom

Stage

Acquired

Total Funding

$6.41M in 1 round

Latest Funding Round

Series A, Sep 29, 2020, $*****

Last Known Valuation

£***** as on Apr 02, 2025

Ranked

59^th among 889 active competitors

Annual Revenue

£0 - £1M as on Dec 31, 2024

Employee Count

50 as on Sep 30, 2026

Similar Companies

Guidewire & 214 more

Exit Details

Acquired by Incubex (Nov 24, 2021)

View Insurwave's full profile

Insurwave is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
INSURWAVE LIMITED CIN: 11284335 , United Kingdom, Active	Mar 28, 2018	£0 - £1M (As on Dec 31, 2024)	14 (As on Jan 31, 2020)

Insurwave got acquired by Incubex on Nov 24, 2021.

Click here to take a look at Insurwave's acquisition in detail

Insurwave has raised a total funding of $6.41M over 1 round.

Here is the list of recent funding rounds of Insurwave:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 29, 2020	1769917	Series A	7257359	5725762	6529198	8196737

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View details of Insurwave's funding rounds and investors

Insurwave's employee count trend

Insurwave has 50 employees as of Sep 26. Here is Insurwave's employee count trend over the years:

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Top competitors of Insurwave include Guidewire, Duck Creek and FintechOS. Here is the list of Top 10 competitors of Insurwave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Guidewire 2001, San Mateo (United States), Public	Developer of software platforms for property and casualty insurance operations	-	Battery Ventures, Sprout Capital Partners ... & 7 others	77/100
2nd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Dragoneer Investment Group, Temasek & 9 others	71/100
3rd	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$174M	Gapminder, Cipio Partners & 14 others	69/100
4th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	TA Associates, General Atlantic & 2 others	68/100
5th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	67/100
6th	Applied 1983, University Park (United States), Acquired	Provider of a cloud-based software suite for P&C insurers, MGA and agents	-	CapitalG, JMI Management & 5 others	65/100
7th	Tinubu 2000, Moulineaux (France), Series D	Cloud-based software solutions for credit insurers, surety bonds & trade finance	$147M	Long Arc Capital, Bpifrance & 6 others	65/100
8th	Hyperexponential 2017, London (United Kingdom), Series B	Developer of software for commercial insurance pricing and underwriting workflows	$91M	Highland Europe, Battery Ventures & 11 others	65/100
9th	FurtherAI 2023, San Francisco (United States), Series A	AI-powered automation platform for insurance industry tasks	$35.6M	Nexus Venture Partners, Y Combinator & 7 others	69/100
10th	Roadzen 2015, Burlingame (United States), Public	AI-driven auto insurance provider	-	Shah Capital Partners, 13books Capital & 4 others	63/100
59th	Insurwave 2018, London (United Kingdom), Acquired	Blockchain-enabled software suite for marine insurance industry	$6.41M	-	47/100