House of Insurtech secures £400k seed funding from SFC Capital and angels
The seed round was led by SFC Capital to support sales expansion and customer onboarding.
House of Insurtech provides cloud-based software solutions designed to simplify policy administration and quoting for the insurance sector. The business offers the Insurforce platform to support digital transformation for brokers and insurers.
House of Insurtech has secured £400k in a seed round led by SFC Capital, with additional backing from existing angel investors. The capital will be directed towards expanding the firm's sales and marketing capabilities, alongside onboarding new clients to the Insurforce platform.
The business operates within a growing global insurance software market, leveraging cloud infrastructure to reduce upfront capital requirements for insurers. Its platform provides configurable quote and policy administration tools aimed at modernising traditional workflows.
From the founder
"We’re incredibly excited to have SFC Capital on board. Their support and guidance throughout this seed round has been invaluable, we are also delighted that several of our existing investors have joined them in this round."
James Downes
Founder and CEO at House of Insurtech
Investor perspective
"We are pleased to have led House of Insurtech’s latest funding round. The team has built a fantastic platform aimed at a significant and sizable market that is in need of innovative and disruptive solutions. We are excited about what the future holds for the company."
Edward Stevenson
Investment Executive, SFC Capital
Use of funds
- 01Invest in sales and marketing
Investors
Categories
About the company
House of Insurtech
House of Insurtech provides cloud-based software for the insurance sector.