Fundz

Aurora Insurance raised seed funding from QBE Ventures to develop advanced solutions within the commercial insurance sector.

PRIVATEOct 25, 2024

Round Type

Seed

LondonFinancial ServicesFintechInsurtechInsurance

Investors

QBE Ventures

Description

Aurora Insurance, a London-based digital insurance platform, has secured seed funding from QBE Ventures to enhance its technological capabilities in the commercial insurance space. The investment will help strengthen its algorithmic trading capabilities and expand product offerings.

Quick answer

Aurora raised an undisclosed amount in a Seed round, dated October 25, 2024. Investors: QBE Ventures. Aurora is based in London, England, United Kingdom.

How much did Aurora raise?
Aurora raised an undisclosed amount in a Seed round on October 25, 2024.
Who invested in Aurora?
QBE Ventures is named as investors in this round.
What does Aurora do?
Aurora is a digital MGA which provides businesses with tailored, easy to understand, affordable insurance products in real-time.
Where is Aurora based and how big is it?
Aurora is based in London, England, United Kingdom. Fundz records about 31 employees.
Who are the decision-makers at Aurora?
Fundz holds 1 contact at Aurora. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Aurora that raised within 45 days of this round, from Fundz verified event records.

  • Jove Insurance raised $4.6M (Seed) on November 29, 2024.
  • Sola raised $3.7M (Seed) on December 6, 2024.
  • The Money Club raised $2.5M (Series A) on December 5, 2024.
  • Futur raised an undisclosed amount (Secondary Market) on December 4, 2024.
  • Sandbox Wealth raised $1.3M (Pre-Seed) on December 4, 2024.
  • KPay raised $55M (Series A) on December 3, 2024.

Who to call at Aurora, and when

A new round usually means Aurora is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Aurora raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Aurora, from your own LinkedIn network

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Company Information

Company

Aurora

Location

London, England, United Kingdom

About

Aurora is a digital MGA which provides businesses with tailored, easy to understand, affordable insurance products in real-time. Underpinned by a proprietary algorithmic underwriting platform, the insurance procurement process has been augmented for over 700 trade types. Aurora utilises hundreds of different data points to enable the instant purchase of complex insurance products whilst embedding data-driven analytics and insights, allowing more informed product selection from an ever expanding portfolio of market-leading insurers. Aurora’s culture is underpinned by support, opportunity and innovation and is driven by the positive impact it hopes to make on the progressive businesses and communities it supports.

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Aurora raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.