£1.2M
Crowdcube led the follow-on investment round, with additional backing from Insurtech Gateway, Finance Durham Fund, and the North East Development Capital Fund.
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honcho
Honcho provides a reverse auction marketplace for buying insurance.
£2.0MTotal raised
Honcho operates a reverse auction marketplace that allows insurance companies to bid directly for consumer business. The platform aims to bring transparency and competitiveness to personal insurance shopping.
Categories
Team
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Gavin Sewell
CEO
Gavin brings technical and operational experience across the insurance sector, including roles as Chief Technology Officer at GoShorty and Technology and Operations Director UK at Yes Insurance. He previously served as CEO at honcho and as a founder member of Insurtech UK.
LinkedInFS
Frank Speight
Commercial Director
Frank brings financial services and insurtech experience from roles including Executive Director at Yes Insurance and Commercial Director at Honcho Markets.
LinkedInTS
Tom Spence
Chief Product Officer
Tom brings extensive product leadership experience across banking and SaaS organisations, including roles at ClearBank, the Bank of London, and 10x Banking. He previously served as chief product officer at Honcho Markets.
LinkedInInvestors
- £1.2M
- £750K
Funding history
£750K
Maven Capital Partners, North East Development Capital Fund, and the Finance Durham Fund led the follow-on investment.