As more venture capital investors turn their eye to disrupting the global insurance industry, annual funding to the insurance tech startups has already tripled in growth in 2015 year-to-date. But a handful of companies have amassed considerably bigger war chests than the rest.
We used CB Insights data to highlight the five most well-funded insurance tech startups, below. Four of them are operating in the health insurance space, including software-enabled health insurance broker Zenefits, employer-provided insurance platform Collective Health, and tech-driven health insurer Oscar Health. Together, the five have raised over $2.5B in aggregate funding to date.
| Company | Description | Total Funding ($M) | 
|---|---|---|
|  Zhong An Insurance | Chinese online P&C insurance seller | 931 | 
|  Oscar Health | Tech-driven health insurer | 728 | 
|  Zenefits | HR software and health insurance broker | 584 | 
|  Gusto | HR software and health insurance broker | 161 | 
|  Clover | Analytics-driven health insurance model for Medicare Advantage members | 135* | 
*Includes debt financing
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