Jove Insurance raised £3.6M in a seed round led by Explorer Investment to accelerate its expansion in providing borderless business liability insurance.

Nov 29, 2024•about 1 year ago

Amount Raised

£3.6 Million

Round Type

seed

LondonInsurtechInsuranceFinancial Services

Investors

Dan CobleyNew Alpha Asset ManagementSeed XStart VenturesPortfolio VenturesLove VenturesExplorer Investment

Description

Jove Insurance has successfully raised more than £3.5 million to support its growth. This funding round will enable the company to enhance its AI-powered insurance validation platform for contractors working internationally.

Company Information

Company

Jove Insurance

Location

London, England, United Kingdom

About

Jove provides borderless work related insurances to SMEs and contractors. This includes business liability, workers compensation, sickness cover to portable equipment, hired in plant and goods in transit insurances. By utilising our API driven real time enrolment and risk analytics, AI insurance validation module, marketplaces and work related digital platforms can embed fit for purpose insurances directly into their candidate onboarding process and throughout project cycles.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns