AI News & Artificial Intelligence

INSHUR Secures $35M to Drive AI Innovation and U.S. Market Expansion

Global insurtech company INSHUR has raised $35 million in growth funding from NASDAQ listed Trinity Capital to accelerate its investment in artificial intelligence (AI) and expand its footprint across the U.S.

Founded in 2016, INSHUR offers digital insurance solutions tailored for the on demand economy, serving mobility and delivery drivers working with platforms like Uber and Amazon Flex.

By leveraging real-time data and automation, the company provides flexible, usage-based coverage designed for today’s dynamic workforce.

Strategic Use of Funds

The newly raised capital will support:

Advanced AI research in pricing, underwriting, and fraud prevention

Expansion into autonomous vehicle insurance

Growth of its “Bring Your Own Insurance” platform for car rental operators

Deepening its presence across strategic U.S. markets

With over 1 million policies sold and more than 50% year-over-year growth, INSHUR is on track to hit a $100 million annual revenue run rate and achieve long-term profitability.

Why It Matters

This latest funding round marks a critical milestone in INSHUR’s journey from a U.K. startup to a global tech-forward insurer.

As gig work, autonomous mobility, and data-driven insurance continue to gain momentum, INSHUR is uniquely positioned to lead the charge in commercial mobility insurance.

Mustafa IYITUTUNCU

Mustafa İYİTÜTÜNCÜ is the Founder of Webhakim.com, a platform dedicated to delivering the latest technology and artificial intelligence news. As a passionate writer and tech enthusiast, Mustafa personally contributes to the content, providing in-depth articles, insightful analyses, and the latest trends in the AI world. You can connect with him on LinkedIn.

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