What is Insify?
Founded in 2020 and based in Amsterdam, Netherlands, Insify is dedicated to making business insurance fast, simple, and fair. The company leverages an intuitive, end-to-end digital customer journey to provide business insurance quotes in as little as two minutes. Insify develops proprietary insurance products, including business liability, professional indemnity, and occupational disability cover, specifically tailored for entrepreneurs and small businesses.
How much funding has Insify raised?
Insify has raised a total of $10.7M across 1 funding round:
Series A
$10.7M
Series A (2023): $10.7M with participation from Munich Re Ventures, Accel, and Frontline Ventures
Key Investors in Insify
Munich Re Ventures
Munich Re Ventures is a venture capital firm that provides capital investments and strategic corporate ventures, focusing on innovative companies.
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, supporting innovative companies.
Frontline Ventures
Frontline Ventures is a venture firm focused on globally ambitious B2B businesses, providing seed funding and supporting US-to-Europe expansion.
What's next for Insify?
The recent major strategic investment signals a pivotal growth phase for Insify. This capital infusion is expected to fuel further development of its digital platform, expansion into new markets, and enhancement of its tailored insurance offerings. The company's focus on a streamlined digital experience positions it for continued success in capturing a significant share of the small business insurance market.
See full Insify company page
