• FOUNDING YEAR: 2016
    LOCATION:
    United Kingdom
    REGION:
    England
    Last Update:
    23 Dec, 2019

Description

FOCUS

PRODUCTS & SERVICES:
It creates actionable insights by integrating social data with the analytical process and creating risk profiles by leveraging machine learning. These insights help the insurance companies to develop their distribution, underwriting, and marketing strategies. It helps insurance companies with the following functions: Performance Marketing: Offers actionable insights and deliver real ROI for insurance businesses by using LinkedIn for SME insurance distribution. Enhanced Customer Experience: Can prefill quote forms for commercial insurance by referring to various data sources. Product and Risk Discoveries: Offers real-time commercial risk discovery and helps buyers to understand their own personalised risks.
MAIN CLIENTS:
Accuenture, allianz, Fintech, hiscoz, lumenlab, Metlife, Qbe
EXISTING PARTNERSHIPS:
Pentech

PEOPLE

FOUNDERS:
Jin Chen, Erik Abrahamsson
Board Members and Advisors:
Sam Evans, Marc Moens
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Pentech, Force Over Mass Capital, Eos Venture Partners, RAW Capital Partners, Allianz, SILK Venture, Andy Homer, Carl G. Bauer, Stephan Apel, Shailesh Rao
KEY EMPLOYEES:
Jin Chen (CTO); Erik Abrahamsson(CEO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$3.1 Millions
DATE OF LAST FUNDING:
Jan 2018
TOTAL FUNDING COMMENT:
The company is planning to use the fund to grow its team, continue the development of its social media-powered insurance distribution software, and expand geographic coverage(January 2018).
SEED & PRIOR FUNDING:
$400 K
FUNDING SERIES:
SERIES A
$2.7 Millions Closed: Jan 2018
LISTED:
NO

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