Foliume raises $1 million in seed funding to scale its AI-powered platform for insurance distribution. The round was led by Pitchdrive and Íope Ventures, with additional support from industry veterans.
Amount Raised
$1 Million
Round Type
Seed
MadridArtificial IntelligenceMachine LearningInsurtechInsuranceInvestors
Description
Madrid-based Foliume has raised $1 million in seed funding to scale its AI-powered platform for insurance distribution. The round was led by Pitchdrive and Íope Ventures, with participation from insurance and tech industry veterans. Founded three years ago, Foliume helps brokers automate repetitive tasks like quote comparison, data entry, and renewals. The funding will support product development and expansion across Europe.
Quick answer
Foliume raised $1 Million in a Seed round, dated April 5, 2025. Investors: Pitchdrive and íope Ventures. Foliume is based in Madrid, Community Of Madrid, Spain.
- How much did Foliume raise?
- Foliume raised $1 Million in a Seed round on April 5, 2025.
- Who invested in Foliume?
- Pitchdrive and íope Ventures are named as investors in this round.
- What does Foliume do?
- Foliume is a Madrid-based company that provides an AI-powered platform to facilitate insurance distribution.
- Where is Foliume based and how big is it?
- Foliume is based in Madrid, Community Of Madrid, Spain. Fundz records about 10 employees.
- Who are the decision-makers at Foliume?
- Fundz holds 1 contact at Foliume. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as Foliume that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
- FurtherAI raised $5M (Seed) on April 2, 2025.
- nettle raised $1.9M (Pre-Seed) on April 1, 2025.
- Kay.ai raised $3M (Seed) on March 28, 2025.
- CompScience raised $28M (Series B) on February 27, 2025.
- Meibel raised $7M (Seed) on May 20, 2025.
Who to call at Foliume, and when
A new round usually means Foliume is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Foliume raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Foliume, from your own LinkedIn network
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Related People
Foliume 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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