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EHE Venture Studio is a Manchester-based venture studio backing early-stage AI-driven startups across the UK with capital and operational support.
Wealth Club, EHE Capital and Angels Invest Wales backed the oversubscribed raise to support product development and international demand.
"The insurance industry has barely changed since insurance started being sold online thirty years ago. Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies and can also deliver significant benefits to providers at the same time."
EHE Capital led the seed round to support the launch of the insurtech firm's digital platform.
"At Peppercorn, we’re looking to transform and improve the customerexperience. We’ve pulled together a great team, utilised groundbreaking technology, and developed a unique proposition. We wanted to take that to launch with the support of a forward-thinking, technology-focused investor who would amplify our vision and help us start generating revenue quickly. From our very first conversation we knew we’d found that in EHE Capital."
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