AI-powered risk assessment platform nettle has raised £1.45m in pre-seed funding led by Project A to tackle a critical shortage of risk engineers. This funding will help nettle scale its engineering team and enhance its platform.
Amount Raised
£1.45 Million
Round Type
Pre-Seed
LondonArtificial IntelligenceMachine LearningRisk ManagementInsurtechInsuranceInvestors
Description
AI-powered risk assessment platform nettle has raised £1.45m in pre-seed funding to tackle a critical shortage of risk engineers. With this funding, led by Project A, nettle aims to scale its core engineering team and improve turnaround times for insurance inspections. The platform addresses the inefficiencies currently plaguing the industry. Key partners believe in nettle's unique position at the intersection of technology and risk assessment.
Quick answer
nettle raised £1.45 Million in a Pre-Seed round, dated April 1, 2025. Investors: Project A. nettle is based in London, England, United Kingdom.
- How much did nettle raise?
- nettle raised £1.45 Million in a Pre-Seed round on April 1, 2025.
- Who invested in nettle?
- Project A is named as investors in this round.
- What does nettle do?
- Nettle is an AI-powered risk assessment platform focused on modernizing risk evaluation in the insurance sector.
- Where is nettle based and how big is it?
- nettle is based in London, England, United Kingdom. Fundz records about 5 employees.
- Who are the decision-makers at nettle?
- Fundz holds 2 contacts at nettle. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Risk Management and Insurtech around the same time
Companies in the same sectors as nettle that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised an undisclosed amount (Funding Round) on April 21, 2025.
- Foliume raised $1M (Seed) on April 5, 2025.
- FurtherAI raised $5M (Seed) on April 2, 2025.
- Kay.ai raised $3M (Seed) on March 28, 2025.
- CompScience raised $28M (Series B) on February 27, 2025.
- Hedra raised $32M (Series A) on May 15, 2025.
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Related People
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