FRANK, a Lisbon-based insurtech startup, has raised €2.9 million in a funding round. The capital will support client base expansion, product development, and international market preparation for 2027. Investors include Armilar and Start Ventures. Founded in December 2024, FRANK automates administrative tasks for insurance brokerages using AI.
Company Information
Company
FRANK
Location
Lisbon, Lisbon, Portugal
About
FRANK is a Lisbon-based insurtech startup that develops AI-driven administrative automation for insurance brokers. The company provides an AI operator to handle routine tasks like processing quotes and claims, allowing brokers to focus on client advisory services. Founded in December 2024, FRANK enhances the operational efficiency of insurance brokerages through its innovative platform. The company is preparing for international expansion in 2027.
Fundz sees it the moment FRANK raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
LisbonArtificial IntelligenceMachine LearningInsurtechInsurance