The Brighton-based insurtech secured its first external investment from Haatch Ventures to expand its artificial intelligence technology.
"We are known entities as a team, we were part of the founding team of INSHUR. I have been working behind the scenes on investment and go-to-market strategy since the start of the year. I have been impressed with the technical development and pleased to be bringing to market a genuine AI innovation. Not only does the product deliver profit and performance gains for the insurer, it delivers fair value for the end customer."
Praetura Ventures and Blackfinch Ventures co-led the seed follow on round to support team expansion and new market entry.
"We’re extremely proud that over one million people in the UK now have access to our reporting platform. This investment and the continued support from Praetura and Blackfinch will help us now continue our mission to help organisations better manage their own workplace culture with the right tools."
The oversubscribed financing round will support the commercialisation of proprietary breath biopsy tests.
"We are thrilled to have the support of such highly respected investors as we strive to have a major impact on patient outcomes and the efficient delivery of healthcare resources and are very pleased to now welcome the experience and insight of Horizons’ Patrick Zhang to our Board."
The travel tech start up has raised £450k from travel sector figures and real estate developers to expand its geographical footprint and develop an online booking platform.
"We’re expecting direct bookings to reach 30% by 2023"
