How many total Native AI in Insurance companies are there?

As of Apr 2026, there are 131 active companies in Native AI in Insurance sector.

Which countries have the most Native AI in Insurance companies?

United States (58) has the highest number of Native AI in Insurance companies, followed by India (14) and United Kingdom (14).

How many Native AI in Insurance companies are funded?

As of Apr 2026, 88 companies in this sector have received funding.

Which company has raised the most funding in Native AI in Insurance sector?

As of Apr 2026, Shift Technology has secured $320M in funding, making it the highest-funded company in the Native AI in Insurance sector.

Which country has attracted the most investment in Native AI in Insurance companies?

With $603M in total funding, United States has attracted the most investment among Native AI in Insurance companies.

Who are the top investors in Native AI in Insurance companies?

The top investors in Native AI in Insurance companies by number of investments are Y Combinator, Techstars and Amadeus Capital

How much venture capital has Native AI in Insurance sector attracted?

In the last 10 years, venture capital firms have invested $1.7B in this sector.

How many unicorns has Native AI in Insurance sector produced?

Globally, there are 3 unicorns in Native AI in Insurance sector, to date.

Native AI in Insurance - 2026 Market & Investments Trends

There are 149 companies in the Native AI in Insurance sector across the world, with 88 funded companies having collectively raised $2.1B in venture capital money and private equity. Overall 40 of these are Series A+ funded and the sector has seen the creation of 3 Unicorns.

Native AI in Insurance sector has seen 12 acquisitions and 1 IPO. This represents almost 8.7% of all such companies - which is higher than the 4.9% exit rate of tech companies in general.

This sector includes companies that build AI-native tools and platforms for the energy sector, spanning generation, transmission, distribution, storage, and consumption management. These solutions leverage autonomous reasoning, prediction, and optimization to enable intelligent grid operations, energy trading, demand forecasting, fault detection, and sustainability optimization across renewable and traditional energy systems.

Companies included in Native AI in Insurance sector

This includes AI-native platforms for underwriting and risk scoring, autonomous or copilot systems for claims verification and settlement, intelligent agents for fraud detection and prevention, predictive models for loss forecasting and premium optimization, and AI-driven systems for regulatory compliance and audit. Also includes AI copilots that assist in policy design, pricing simulations, and customer lifecycle management.

Companies excluded in Native AI in Insurance sector

Excluded are companies using AI as a feature to enhance the operations and traditional insurance management systems, CRMs, and workflow tools that rely on manual configuration or rule-based automation. Companies providing services to the energy industry are excluded.

Key Metrics

Total Companies

149

Top Companies

Poly, Shift Technology & more

Total Funding

$2.1B

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

View complete details of this sector

The market map of Native AI in Insurance gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.

Recent BlueBox/Industry Definition image of Native AI in Insurance

Here are some reports related to Native AI in Insurance sector:

Free

AI in Insurance - Sector Report

Edition: May, 2025 (82 Pages)

Premium

AI in Insurance Investor Landscape

Edition: March, 2025 (12 Pages)

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There are more than 149 companies in Native AI in Insurance. Poly is the top Native AI in Insurance company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Native AI in Insurance companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Poly	Developer of AI-powered virtual assistants for customer service interactions	London (United Kingdom)	2017	Series D	$206M
Shift Technology	Provider of AI solutions for insurance underwriting, claims, and risk	Paris (France)	2014	Series D	$320M
Cognigy	Provider of AI-powered customer service automation platform and agent assistance	Dusseldorf (Germany)	2016	Acquired	$165M
Zendrive	AI-enabled platform offering driver behavior monitoring and analysis solutions	San Francisco (United States)	2013	Acquired	$60M
Arya.ai	Provider of AI-powered platforms and APIs for financial services	Mumbai (India)	2013	Acquired	$2.19M

Get a longer list of companies

Companies founded year-on-year in the Native AI in Insurance sector

17 Native AI in Insurance startups were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	4
2024	13
2023	12
2022	9
2021	10
2020	11
2019	16
2018	17
2017	13

Companies founded across countries in the Native AI in Insurance sector

United States has 58 Native AI in Insurance startups, the most by any country, followed by India and United Kingdom which have 14 startups.

Total Number of Companies

Country	No. of companies
United States	58
India	14
United Kingdom	14
Canada	11
China	8
France	6
Australia	5
Germany	4
Switzerland	4
United Arab Emirates	3

Stage-wise distribution of the Native AI in Insurance sector

Out of the total 149 Native AI in Insurance companies, 88 have secured funding. Among them, 40 have reached Series A or higher, and 27 to Series B or beyond.

Founded - 149

Funded - 88

Series A+ - 40

Series B+ - 27

Series C+ - 18

Company Stage	No. of companies
Founded	149
Funded	88
Series A+	40
Series B+	27
Series C+	18

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145+ Total Companies
$2.1B+ Total Funding
85+ Funded Companies
10+ Acquisitions

Total funding year-on-year in the Native AI in Insurance sector

The Native AI in Insurance sector saw a total funding of more than $1.98B in the last 10 years. The most amount of funding was in 2021 at more than $547M. There has been a total funding of $66M in 2026 till date.

Total Funding

Year	Total Funding
2026	$66M
2025	$194M
2024	$299M
2023	$117M
2022	$191M
2021	$547M
2020	$118M
2019	$255M
2018	$124M
2017	$66.3M

Total funding across countries in the Native AI in Insurance sector

In the last 10 years, Native AI in Insurance startups in United States have recieved the highest funding among all countries - $603M. United Kingdom follows with $434M and France with $331M.

Total Funding

Country	Total Funding
United States	$603M
United Kingdom	$434M
France	$331M
Germany	$181M
China	$163M
Canada	$52.3M
India	$17.2M
Australia	$16.2M
Israel	$13.8M
Switzerland	$5.67M

Total funding amount raised by stage in the Native AI in Insurance sector

Over the last 10 years, the Native AI in Insurance sector have seen $114M into Seed Stage funding rounds, $989M into Early Stage funding rounds and $823M go into Late Stage funding rounds.

Funding Stage	Total Funding
Early Stage	$989M
Late Stage	$823M
Seed Stage	$114M
Debt	$35M
Post IPO	$7.55M
Grant	$907K

Recent Funding Rounds in Native AI in Insurance

In the year 2026, till March 2026, Native AI in Insurance companies have raised $66M in equity funding across 2 rounds. In the same period last year (i.e. till March 2025), Native AI in Insurance companies had raised $69.8M across 8 rounds. So, 2026 has seen a 5.5% drop in funding in Native AI in Insurance companies as compared to 2025.

Here are some recent, important funding rounds in Native AI in Insurance:

Company	Round Raised	Amount Raised	Funding Date	Investors
Blissapp	Series A	8891	Mar 24, 2026	K Fund and 3 more
Alaffia Health	Series B	6111	Feb 03, 2026	Transformation Capital and 3 more
Wiz AI	Series B	3769	Nov 05, 2025	SMBC Asia Rising Fund and 4 more
Poly	Series D	1111	Oct 31, 2025	Hedosophia and 8 more
Indico Data	Series B	2101	Oct 28, 2025	Aviva

See a more detailed list of funding rounds

Y Combinator is the top investor in Native AI in Insurance companies based on number of companies invested.

Here are some top investors in Native AI in Insurance:

Investor	Location	Top Portfolio Companies
Y Combinator	Mountain View (United States)	Candid Health, Sohar Health, Kyber and InQuery
Techstars	New York City (United States)	Indico Data, Sprout.ai, Inspektlabs and Fairly
Amadeus Capital	London (United Kingdom)	Poly and Sprout.ai
IRIS	Paris (France)	Shift Technology, Monk and Monk AI
Elaia	Paris (France)	Shift Technology and Continuity

See a more detailed list of investors

In the year 2026, till January 2026, 1 acquisition happened in Native AI in Insurance sector. Last year, in 2025, a total of 2 acquisitions happened in Native AI in Insurance sector.

Here are some recent, important acquisitions in Native AI in Insurance:

Company	Acquisition Type	Acquisition Date	Acquirers
Matrisk	Business Acquisition	Jan 06, 2026	Akur8 Technologies
Cognigy	Business Acquisition	Jul 28, 2025	NICE
CAPE Analytics	Business Acquisition	Jan 13, 2025	Moody's
Planck	Business Acquisition	Jul 23, 2024	Applied
Zendrive	Business Acquisition	Jun 13, 2024	Intuit

See a more detailed list of acquisitions

Acquisition trends in Native AI in Insurance

Here are the acquisition trends in Native AI in Insurance:

Total Number of Acquisitions

Year	No. of companies
2026	1
2025	2
2024	3
2023	1
2022	3
2021	1
2020	-
2019	-
2018	1
2017	-

In the year 2022, till January 2022, 1 IPO happened in Native AI in Insurance sector.

Here are some recent, important IPOs in Native AI in Insurance:

Company	IPO Date	Exchange Symbol
AInnovation	Jan 26, 2022	Hong Kong Exchanges (HKG)
Flamingo	Nov 17, 2016	Australian Securities Exchange (ASX)
Flamingo	Jul 03, 1986	Australian Securities Exchange (ASX)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Native AI in Insurance sector

Most number of Native AI in Insurance startups have been founded by alumni from Stanford University, University of Cambridge and Harvard Business School.

College	No. of companies
Stanford University	4
University of Cambridge	4
Harvard Business School	3
IIT Madras	3
Indian School of Business	3
University of Pennsylvania	3
HEC Paris	2
Harvard University	2
IIM Bangalore	2
Imperial College London	2

Total funding in companies founded by alumni from top colleges in the the Native AI in Insurance sector

In the last 10 years, University of Cambridge graduates' Native AI in Insurance companies have raised the most funding among top colleges. Imperial College London alumni are second, and HEC Paris alumni are third.

College	Total Funding
University of Cambridge	$390M
Imperial College London	$223M
HEC Paris	$190M
London School of Economics and Political Science	$187M
Tsinghua University	$185M
University of Edinburgh	$185M
University of Amsterdam	$88.7M
IIT Madras	$83.8M
Stanford University	$79M
Tel Aviv University	$72.8M