Humn secures seed follow on investment from Shell Ventures to accelerate expansion.
The London insurtech has drawn backing from Shell Ventures and Marbruck Investments to drive domestic and international growth.
London-based insurtech company providing dynamic motor fleet insurance and real-time risk assessment platforms.
Humn has secured a seed follow on investment from Shell Ventures, alongside participation from existing backer Marbruck Investments. The fresh capital will be deployed to accelerate domestic and international expansion as the firm scales its footprint across the European fleet insurance market. This latest injection builds on a productive period for the company, which recently obtained an insurance licence from the Financial Conduct Authority and rolled out its flagship Rideshur product through select brokers.
From the founder
"Partnering with Shell Ventures brings not only fresh capital, but also an investor with a thriving global connected fleet business and expertise to share. We are looking forward to working with Shell and bringing our class-leading motor fleet insurance product with explainable exposure-based pricing to an even wider audience"
Mark Musson
CEO at Humn
Use of funds
- 01Expand into international markets
