Lukango raises £275k in pre-seed funding to accelerate platform development and product launch.
The pre-seed round comes from a group of angel investors.
Lukango provides digital insurance products and a connected platform tailored for microbusiness owners. The company utilises data and algorithms to let entrepreneurs adjust their protection levels as their businesses grow.
London-based insurtech Lukango has raised £275k in a pre-seed funding round from a group of angel investors. The capital will be used to accelerate the development and launch of the company platform and tailored products.
Founded to serve microbusiness owners, the startup provides a connected platform and dynamic insurance products that adapt as businesses grow. The founding team includes industry veterans with experience building multiple insurtech ventures.
The latest injection of funds adds backing from prominent industry figures including Evelyn Bourke, Andrew Rear, and Mark Hunt.
From the founder
"We set out to champion the underserved microbusiness community and change the face of the insurance industry and are incredibly proud to have the backing of experienced investors that truly believe in our vision. Our skills in the use of technology in the insurance industry and innate strategic, scaling and execution capabilities are significant assets on our journey to better serve today’s microbusiness owners. They combine with our passion for innovation, creativity, building teams, and our purpose – to make business insurance fairer, smarter, and human."
Joanne Safo
CEO at Lukango
Use of funds
- 01Continue product development