£7.3M
Qumata secures £7m Series A funding led by MMC Ventures to accelerate product development and international growth

The Series A round was led by MMC Ventures and will support global expansion and product development.
"Insurers are increasingly embracing digital innovation, but there is still significant opportunity for further optimisation, particularly in the underwriting process. Our customers are already seeing significant benefits in using our technology to transform the traditional underwriting journey, and benefiting from higher conversion rates and improved underwriting outcomes"

MMC Ventures + 2 others
