INSHUR raises £14.7m led by Viola Growth to scale US operations and build international momentum.
The funding round was led by Viola Growth and will support expansion across the United States and Europe.
INSHUR provides embedded insurance solutions for the on-demand economy, partnering with major digital platforms to deliver tailored coverage for drivers. The company operates globally with offices across the United States, the United Kingdom, and the Netherlands.
Global embedded insurance provider INSHUR has secured £14.7m in a funding round led by Viola Growth. The capital will be deployed to accelerate international expansion, particularly in the US market, and to strengthen relationships with key platform partners.
The raise follows a period of significant commercial momentum for the company, which achieved fourfold growth in 2023 and completed the acquisition of American Business Insurance Services earlier in the year. Viola Growth General Partner Natalie Refuah will join the board of directors as chairperson following the investment.
From the founder
"The future is on-demand. In just a few years, the way we access services like taxis and the way we purchase our groceries and pizzas has changed forever."
Dan Bratshpis
CEO and Co-Founder at INSHUR
Investor perspective
"Despite challenges faced by certain areas of Insurtech in recent years, companies that focused on specialized insurance and demonstrated excellence in technology, operations, and financial performance have managed to scale rapidly and outperform incumbent insurers. INSHUR, with its unique and innovative approach to on-demand economy drivers’ insurance – an embedded solution featuring cutting-edge technology and deep insurance expertise – has gained a leading market position and impressive revenue growth. We are excited to join the journey!"
Natalie Refuah
General Partner, Viola Growth
Use of funds
- 01Expand into international markets
- 02Scale operations
