About startup landscape in Bermuda
Bermuda has over 629 startups across the country. Of these, 132 are funded companies that have collectively raised $25.6B in venture capital and private equity. A total of 226 investors have participated in 152 funding rounds, with 15 startups securing early-stage funding and 8 raising late-stage funding. In the last five years, 24 new companies have been founded, raising over $257M in funding. Startups in Bermuda have witnessed 66 acquisitions and 56 IPOs, while 57 startups wrapped up operations. Additionally, 6 companies have been founded by women.
Top Companies in Bermuda
AXIS Capital is the top company in Bermuda, ranked using Tracxn Score (what's this?).
Here are 5 of the top companies in Bermuda:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of diversified insurance services | 2001 | Public | $1.85B | ||
Provider of investment management services | 1969 | Public | - | ||
Digital asset-denominated life insurance provider | 2022 | Series B | $142M | ||
Online trading platform offering CFDs, forex, and more | 1989 | Public | - | ||
Provider of fund, financial, corporate, regulatory, and technology solutions | 2003 | Seed | - |
Recent Funding Rounds in Bermuda
In the year 2026, till September 2026, $1.9B has been raised in 3 equity
funding rounds across Bermuda. In the same period last year (i.e. till July 2025), $98.6M had been raised across 5 rounds in Bermuda. So, 2026 has seen a 1831.65% rise in funding in companies of Bermuda as compared to 2025.
Here are some recent, important funding rounds in Bermuda:Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
PE | 9824 | Sep 16, 2026 | ||
PE | 7345 | May 23, 2026 | and 1 more | |
Series A | 8784 | May 06, 2026 | ||
Series B | 6722 | Oct 07, 2025 | ||
Series B | 9681 | Jul 30, 2025 | - |
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- 625+ Total Companies
- $25.6B+ Total Funding
- 130+ Funded Companies
- 55+ IPOs
- 65+ Acquisitions
Top Investors in Bermuda
The Carlyle Group is the top investor in companies of Bermuda based on number of companies invested.
Here are some top investors in Bermuda:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Chicago (United States) | ||
New York City (United States) | ||
Boston (United States) | ||
Apex Group and CST Global |
Acquisitions in Bermuda
In the year 2026, till June 2026, 4 acquisitions happened in Bermuda. Last year, in 2025, a total of 3 acquisitions happened in Bermuda.
Here are some recent, important acquisitions in Bermuda:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jun 03, 2026 | ||
Business Acquisition | Feb 25, 2026 | ||
Business Acquisition | Feb 22, 2026 | ||
Business Acquisition | Jan 21, 2026 | ||
Business Acquisition | Oct 07, 2025 |
IPOs in Bermuda
In the year 2026, till February 2026, 1 IPO happened in Bermuda. In its previous year, in 2025, a total of 1 IPO happened in Bermuda.
Here are some recent, important IPOs in Bermuda:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Feb 18, 2026 | Oslo Stock Exchange (OSE) | |
May 14, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 28, 2024 | Euronext Exchange (Euronext) | |
Nov 26, 2024 | Euronext Exchange (Euronext) | |
Jul 05, 2024 | Frankfurt Stock Exchange (FRA) |
Top News about startups in Bermuda
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Sokin Secures $50M Series B to Expand Global Payments Platform; Valuation Reaches $300MFinancial IT•Dec 01, 2025•Sokin, Prysm Capital, Morgan Stanley, Watershed and 6 others
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24 Exchange Secures Approval for FX NDF Clearing at LCH ForexClearFinance Magnates•Mar 25, 2025•24 Exchange
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Block Green Introduces Revolving Bitcoin Facility with Sam Altman-Backed MeanwhilePR Newswire•Dec 10, 2024•Block Green, Meanwhile
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AI-enabled wildfire insurer Kettle appoints Isaac Espinoza as CEOReinsurance News•Nov 05, 2024•Our Kettle
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AlphaPoint Partners with Bancolombia Subsidiary Wenia to Launch Next-Generation ExchangeGlobal Fintech Series•May 16, 2024•AlphaPoint, Wenia
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Meanwhile Incorporated Announces Annie Tay's Transition to Senior Advisor for RiskInsuranceNewsNet•May 01, 2024•Meanwhile
