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Barcelona-Based Inari Raises $5.2M To Expand Its Team And Explore New Markets

PRIVATESep 08, 2023

Amount Raised

$5.2 Million

Round Type

Funding Round

BarcelonaInsurance

Investors

Criteria Venture TechCaixa Capital Risc

Description

Barcelona-based insurance tech startup inari, has raised $5.2 million in Seed funding. The round was led by Caixa Capital Risc, through Criteria Venture Tech, alongside CDTI, a public organisation for technology development in Spain, and 'a leading industry partner'. Funds will enable inari’s ‘longer-term growth strategy’ which involves the expansion of its teams in both London and Barcelona, developing more features to add to its (re)insurance offering and expanding into new markets

Quick answer

INARI.IO raised $5.2 Million in a Funding Round round, dated September 8, 2023. Investors: Criteria Venture Tech and Caixa Capital Risc. INARI.IO is based in Barcelona, Catalonia, Spain.

How much did INARI.IO raise?
INARI.IO raised $5.2 Million in a Funding Round round on September 8, 2023.
Who invested in INARI.IO?
Criteria Venture Tech and Caixa Capital Risc are named as investors in this round.
What does INARI.IO do?
Our goal is to help re(insurers) modernise their legacy processes and improve their efficiency.
Where is INARI.IO based and how big is it?
INARI.IO is based in Barcelona, Catalonia, Spain.
Who are the decision-makers at INARI.IO?
Fundz holds 1 contact at INARI.IO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance around the same time

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

  • Pacific Life raised $8.5M on October 23, 2023.
  • InsuranceDekho raised $60M (Funding Round) on October 11, 2023.
  • Orus raised $12M (Funding Round) on October 10, 2023.
  • Helio raised $5.1M (Seed) on October 5, 2023.
  • AnchorWatch raised $3M (Seed) on September 26, 2023.
  • Authentic raised $5M (Funding Round) on September 20, 2023.

Who to call at INARI.IO, and when

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Company Information

Company

INARI.IO

Location

Barcelona, Catalonia, Spain

About

Our goal is to help re(insurers) modernise their legacy processes and improve their efficiency. Established in 2017 in Barcelona by experienced re/insurance industry professionals, inari has developed leading technology software for the insurance and reinsurance industry. The company provides modern core technology infrastructure for insurers, reinsurers, managing agents, managing general agents (MGAs) and Lloyd’s Syndicates that enables them to increase operational efficiency, improve data insights and streamline connectivity across multiple systems. Inari’s fully managed platforms deliver end-to-end solutions for all insurance and reinsurance risks, as well as provide data-driven insights that help market practitioners better manage their business. Inari’s products can be implemented as standalone modular solutions or seamlessly integrated alongside other technology platforms. Inari’s solutions leverage the use of API’s, distributed ledger and cloud-based technologies that enable insurance and reinsurance organisations to concentrate on proactively managing their risks. Inari’s clients include major re/insurance industry players, market-leading MGAs, Lloyd’s of London Syndicates and managing agencies, based across the US, London, Bermuda, and Asia. For more information, please visit our www.inari.io

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