Walnut

$4.6Mlatest round · Venture round · Aug 2024 · 2 yr ago
1backers · Diagram
40stories in the press
2019founded

Overview

Walnut is a Toronto insurance technology company founded in 2019 that embeds life and health cover into other products. Its application programming interface lets banks, lenders and platforms offer protection inside their own customer journeys. The company operates as a licensed insurance distributor in Canada.

Funding and backers

Total raised
$4.6M
1 round on record
Latest round
$4.6M
Venture round · Aug 2024 · 2 yr ago
Backers
1
Diagram
The money's age
Long since its last round
27 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
2 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Aug 8, 2024 Raised a round Venture round $4.6M · BetaKit 2019 Founded
Tractionpublic signals, read monthly
Web presence
top 2%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Venture round Aug 2024 $4.6M — BetaKit
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials

Total raised
$4.6M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
Round Announced Amount
Venture - Series Unknown 2024 $4.6M Details

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors1
DiagramVia a fund
42 portfolio companies: Jetscale, QUAIL Logistics, Recipio and 39 more

News

News Toronto 5 months ago
What I'm Hearing From Leaders June 2026 - Toronto's Top Executive Search & Digital Recruitment Ari Agency
Conversations with founders, CEOs, and leaders highlight how AI and organizational change are reshaping how companies operate. Key themes include the difference between growth and scale, the need to redesign workflows before adopting AI, and the growing i
Read more
Report
News newsroom.bmo.com 5 months ago
BMO Insurance Launches New Health and Dental Insurance Coverage and Care Plan for Canadians, powered by GreenShield
Designed for simplicity - with clear plan options, a streamlined digital application, and transparent eligibility criteria Comprehensive value included - featuring access to virtual care,...
Read more
Report
Award FoundersBeta 7 months ago
Top 100 Companies to Watch in 2026
We're beyond thrilled to unveil this year's Top 100 Companies to Watch in 2026, showcasing trailblazers and industry leaders redefining what's next. From breakthrough technologies to bold new business models, these companies are not just building for toda
Read more
Report
News symend.com 7 months ago
Announcing SymendPrevent: Embedded Bill Payment Protection That Reduces Churn and Generates Revenue Symend
Symend and Walnut Insurance launch SymendPrevent - embedded bill payment protection that reduces involuntary churn and generates new revenue for telcos, utilities, and financial services providers.
Read more
Report
News GrowthMentor 8 months ago
The 38 Best Startup Accelerators in the World (2026)
The 38 best startup accelerators in 2026, sorted by country, with the investment, equity, and best-fit founder for each. Updated, with dead programs removed.
Read more
Report
News Fintech.ca 1 year ago
As Canadians Come to 'Expect More' from Their Financial Services, Two Local Innovators Collab
Two Canadian financial technology innovators have established a partnership. North York's Yoo Financial is collaborating with Toronto-based embedded insurance provider Walnut on its lineup of Mastercard credit cards, the two Ontario upstarts revealed this
Read more
Report
Why Embedded Insurance is Having a Moment
Explore how FIG, Telus, and Symend are using embedded insurance to mitigate 2026 delinquency risks and build consumer resilience.
Read more
Report
Show more news

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Toronto Canada
HQ