Riskbook raises £2m in seed funding from Episode 1 Ventures, MMC Ventures and Seedcamp to scale its reinsurance technology platform.
The seed round was backed by Episode 1 Ventures, MMC Ventures and Seedcamp to support team expansion and product development.
£2.0MSeed
Riskbook provides independent reinsurance technology designed to improve placement experiences for brokers and underwriters.
Riskbook has secured £2m in seed funding to expand its digital reinsurance placement platform and grow its team. The round was backed by Episode 1 Ventures, MMC Ventures and Seedcamp. The capital will support new technical hires and further development of the company interface for brokers, cedents and reinsurers.
From the founder
"We are excited to be partnering with leading venture capital firms to create the placing experience the reinsurance community has dreamt of for decades. Paired with Riskbook's win-win-win philosophy, this new funding cements our role as a trusted independent provider to cedents, brokers and reinsurers alike."
JL
Jerad Leigh
CEO at Riskbook
Investor perspective
"We are thrilled to be partnering with Riskbook as they build a market-leading independent reinsurance platform. We loved the team's combination of deep market insight gained from years of industry experience and their hugely impressive technology capability. In a short space of time, the team has built something that has had an enthusiastic reaction from all sides of the market and all the investors are looking forward to working with Jerad and Ben to continue to deliver game-changing solutions to the industry."
DL
Damien Lane
Partner, Episode 1 Ventures
Use of funds
- 01Grow the team
- 02Continue product development
