Kobalt has secured $14m in a Section 32-led second tranche of the round, which features Hearst and which valued the music services provider at $700m pre-money.

Insurer CV Starr has participated in an $18.5m round for business insurance startup CoverWallet as part of a product development collaboration deal.

Seed-stage investors investors Everest Re Group and Houston International Insurance Group have returned to reinvest in the down payment insurance supplier.

True Link, a Cambia Health Solutions and Ziegler-backed financial services provider for the elderly, has secured $8m from a trio of investors.

JPMorgan Chase and Temasek co-led a round that increased the Amex-backed business payment processor's total funding to $230m.

Cigna, The Hartford, White Mountains and Travelers and USAA are partnering an insurtech startup accelerator set up by Startupbootcamp.

The online real estate investment platform has formed a strategic partnership with Berlin Hyp, which led the $11.8m round.

The Rocket Internet-backed online lender has secured $25.8m in equity and debt financing from existing backers, and revealed it has issued more than $140m in credit to SMEs.

XL Innovate co-led an $11.6m round for the cloud insurance platform that included Sompo Japan and Munich Re/HSB Ventures, and which will fund geographic growth.