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Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America

Feb 24, 2021almost 5 years ago

Amount Raised

$11 Million

Round Type

series a

Paris

Description

 Zelros, the industry's first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company's total funding to date to $16.5M. Silicon Valley-based BGV led the round with new participation from ISAI Cap Venture and Plug and Play. Historical investors HI INOV, 42CAP and astorya.vc also participated in the round.

Company Information

Company

Zelros

Location

Paris, Ile De France, France

About

Zelros is a B2B software vendor founded in 2016 that develops artificial intelligence solutions for the insurance and banking sectors. The company focuses on improving customer interactions through personalized, data-driven capabilities. It aims to support insurance providers in reshaping customer experiences. Zelros has positioned itself as a key player in the insurtech space.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech