Brolly Raises £1m Seed Round with Valar Ventures and Pi Labs

Brolly Raises £1m Seed Round with Valar Ventures and Pi Labs
28.07.2017 08:00 am

Brolly Raises £1m Seed Round with Valar Ventures and Pi Labs

Insurtech , Investment

Brolly, the UK's first artificially intelligent insurance advisory application has raised a £1 million seed investment round with Valar Ventures, Pi Labs and Entrepreneur First (EF).

Brolly is delighted to be working closely with the partners of these funds: James Fitzgerald and Andrew McCormack of Valar Ventures, the US venture capital fund backed by Peter Thiel, who have made notably successful fintech investments; Dominic Wilson of Pi Labs, the property-tech focused fund, who are including insurance in their investment thesis; and Wendy Tan White, General Partner of EF.

In addition to these tier one venture capital partners, Brolly had some very exciting angel investors also participate in the round: Alan Morgan, Christian Angermayer, Matt Bellamy, Richard Fearn, Tim Levene, Tim Hugh, Bruce Macfarlane, Michael Mire and Christian Woolfenden.

Related News

XPS extends relationship with RiskFirst to leverage market-leading technology

XPS Pensions Group, the largest purely pension consulting and administration firm in the UK, has signed an agreement with financial technology business RiskFirst to continue to... Read more »

AI-powered InsurTech Concirrus closes £5 million funding to service growth in customer demand

Concirrus, the London-based InsurTech company leading the Marine and Motor Analytics market change, has raised £5... Read more »

BMW Financial Services Announces InsurTech Partnership with Wrisk

BMW Financial Services (GB) Ltd today announces a partnership with Wrisk that will see the insurtech startup become the sole supplier of BMW and MINI Car Insurance. The... Read more »

SSP partners with Pukka Insure for new Commercial Vehicle offering

SSP has partnered with Gibraltar-based MGA Pukka Insure, to provide brokers with access to its commercial vehicle offering.

Designed for commercial vehicles based in the... Read more »

Bank and Insurance Innovators to Benefit from European Oracle Fintech Innovation Program with B-Hive Europe

European Bank and Insurance Innovators to Benefit from Accelerated Monetization of Fintech Capabilities, Oracle and B-Hive Europe to collaborate on Fintech Innovation... Read more »

collab Summit highlights innovation opportunities for insurers

collab Summit EMEA will hear from industry experts and the eight cutting-edge insurtech finalists.   

MetLife is highlighting innovation opportunities in the... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App