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Paris-based Little John raised €1.1 million in pre-seed funding led by Febe Ventures, Vessoa Private Equity, and Leocare to develop its AI-powered insurtech platform for insurance brokers.

Dec 19, 202412 months ago

Amount Raised

€1.1 Million

Round Type

seed

ParisInsuranceArtificial IntelligenceSoftware

Investors

Mark RansfordDidier ValetLeocareVessoa Private EquityFebe Ventures

Description

Little John, based in Paris, has successfully raised €1.1 million in pre-seed funding shortly after its founding. The investment aims to create a generative AI platform that will empower independent insurance brokers in the evolving market.

Company Information

Company

Little John

Location

Paris, Ile De France, France

About

Little John is a Paris-based startup established in 2024 that focuses on revolutionizing the role of independent insurance brokers in the European insurance market. The company aims to provide operational solutions powered by generative AI to help brokers with risk placement, compliance, and productivity. Their upcoming SaaS platform will enable brokers to automate processes and streamline their workflows. With a founding team experienced in technology and insurance, Little John is dedicated to creating tools that enhance broker-client relationships.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers