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Insurely

insurely.com

Founded Year

2018

Stage

Series A - II | Alive

Total Raised

$23M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About Insurely

Insurely offers open insurance solutions. The company's technology helps in managing and allows access to insurance data through reliable connections. It also provides tools to manage pension and sales support. It was founded in 2018 and is based in Stockholm, Sweden.

Headquarters Location

Sveavagen 9

Stockholm, 111 57,

Sweden

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Expert Collections containing Insurely

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Insurely is included in 2 Expert Collections, including Insurtech.

I

Insurtech

3,856 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

5,028 items

Track and capture company information and workflow.

Latest Insurely News

Swedish open insurance platform logs in €19 million to enter UK and France

Mar 9, 2022

Tech.eu Tech.eu Insights creates insight and guides strategies with its comprehensive content and reports. Browse popular Insights content. European player Insurely is creating enhanced insurance experiences with the help of open data and innovative technology Swedish insurtech player Insurely has closed in a €19 million funding. The Series A round was led by New York-based global private equity and venture capital Insight Partners with participation from new investors, including Alfvén & Didrikson and existing partners such as Luminar Ventures , Philian , and Neptunia Invest . The company will use the funds to scale the business into new markets in Europe. Founded in 2018 by Martin Einemo , Johan Forsman , Eric Sevelius , and Lotta Rauséus , the company is on a mission to digitise the insurance market with its easy-to-use solutions for open insurance. The platform makes it possible for insurers and financial players to access real-time data from the insurance market. Martin Einemo, co-founder and CEO, Insurely said: “With the new funding, we plan to accelerate our expansion to strategically selected markets with the U.K. and France being among the first.” “The open insurance platform enables insurance carriers, banks, and insurtechs to integrate to a single point of access for all insurance data. There is huge potential in this vision,” said Teddie Wardi , managing director at Insight Partners. Swedish players such as Avanza, ICA Försäkring, Lassie and Hedvig are already using Insurely as of now.

Insurely Frequently Asked Questions (FAQ)

  • When was Insurely founded?

    Insurely was founded in 2018.

  • Where is Insurely's headquarters?

    Insurely's headquarters is located at Sveavagen 9, Stockholm.

  • What is Insurely's latest funding round?

    Insurely's latest funding round is Series A - II.

  • How much did Insurely raise?

    Insurely raised a total of $23M.

  • Who are the investors of Insurely?

    Investors of Insurely include SEB Venture Capital, Luminar Ventures, Insight Partners, Alfven & Didrikson, Philian Invest and 7 more.

  • Who are Insurely's competitors?

    Competitors of Insurely include Trellis.

Compare Insurely to Competitors

B
Bolt Insurance Agency

Bolt Insurance Agency is an auto, home, and business insurance platform.

Insurify Logo
Insurify

Insurify offers an insurance quotes comparison platform and virtual insurance agent. Insurify provides a personalized quote list and performs an apples-to-apples comparison of competitive carriers.

Canopy Connect Logo
Canopy Connect

Canopy Connect automates personal insurance information collection. It is based in San Francisco, California.

T
Trellis

Trellis develops an API that allows policyholders to manage their auto insurance. The company was founded in 2019 and is based in San Francisco, California.

Gabi Logo
Gabi

Gabi is an online platform that compares home and auto insurance rates from top insurance companies. It is based in San Francisco, California. On November 19th, 2021, Gabi was acquired by Experian at a valuation of $320M.

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