Anthemis led the financing round with participation from DN Capital, Literacy Capital, and Silicon Valley Bank.
"Our objective in the next 2-3 years is to become the leading challenger brand in the Home Cover market. This new funding will help us accelerate our plans at a time when homeowners across the UK need peace of mind more than ever. We are incredibly excited to be able to help homeowners have one less worry at this incredibly stressful time in all of our lives."
DN Capital led the Series A round alongside Ventech, btov Partners, and Silicon Valley Bank.
"Chattermill enables our team to take customer insights deeper than ever before and focus on the key factors that make a difference to our users and drive our growth,"
The storage company secured backing from venture capital firm DN Capital alongside retail investors to fund expansion.
"It shows that VCs as well as other institutional investors can invest alongside the crowd and reinforces the fact that crowdfunding is now a seriously credible and viable funding platform."