That’s how we could summarize the €700m invested in #InsurTech Europe during H1 2022. You made the maths, it means deals were smaller.
The threshold is at €10m: below that amount, there were more deals inked compared to the same period last year ; above that amount, less deals were announced (especially mega-rounds !)
This resonates with the market correction experienced more broadly across the tech industry, where valuations were slashed alongside more mature startups struggling to attract VC money.
On the other hand, there is still so much to innovate in the insurance industry. This is what supported early-stage rounds over the first half of the year.
📊 LIVE data on the European InsurTech scene: http://kpi.astorya.io
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