Top Headlines from Feb 9–15, 2026
Subscribe on LinkedInSwedish pet insurance startup Lassie has raised $75 million in Series C funding from Balderton Capital, Felix Capital, Inventure, Passion Capital, and Stena Sessan, bringing total funding to $115 million. Founded in 2020, Lassie offers coverage in Sweden, Germany, and France. The startup says it now has more than $100 million in annual recurring revenue and ~250k pets covered.
Reco, a New York-based SaaS and AI security company, has raised $30 million in a Series B round led by Zeev Ventures, bringing total funding to $85 million. Founded in 2020, Reco’s platform helps organizations track SaaS and AI usage by monitoring users, permissions, integrations, and data flows to identify configuration issues and potential risks.
UiPath has acquired WorkFusion, a provider of AI agents for financial crime compliance, to expand its industry solutions for banks and financial institutions. WorkFusion offers pre-built AI agents that automate labor-intensive compliance tasks, including customer screening, investigations, and workflows related to anti-money laundering (AML) and know your customer (KYC) requirements.
Source: Coverager — Read More • UiPath • WorkFusion
Hammurabi, a division of accident and health managing general underwriter Xchange Benefits LLC, has unveiled an artificial intelligence platform that fundamentally transforms how medical stop loss insurance is underwritten. It can reduce the underwriting timeline down to minutes while delivering accurate pricing and actionable insights for both employers and producers.
Source: Financial Times — Read More • Xchange Benefits
Gigaforce announced its selection by Citizens United Reciprocal Exchange (CURE Auto Insurance) to implement the company’s intelligent subrogation technology. Under this multi-year agreement, CURE will utilize Gigaforce’s AI-driven platform to equip recovery specialists with advanced insights for accuracy of subrogation scoring, recoveries, and liability assessment, and to reduce reliance on manual administrative processing.
Source: GlobeNewswire — Read More • Gigaforce • CURE Auto Insurance
HYKE has secured an investment from Aviva, along with follow-on funding from Unum, to support its expansion in the US benefits market. The Portland-based company provides decision support technology that helps employees understand their financial protection needs and select health, financial, and voluntary benefits through a personalized, guided experience.
