Superscript: Scoops £45m in Series B funding
- Superscript is delighted to announce the completion of £45 million ($54m USD) Series B funding round
- The round was led by existing investor BHL UK, owner of Comparethemarket, with participation from new investor
- It has seen strong growth since its Series A, delivering more than a fivefold increase in active customers
- Became the first UK insurtech to land a Lloyd’s of London broker license in 2020
- The funding will be used to further develop underwriting and broking capabilities, enhanced by machine learning
- The global small business economy represents a huge, yet untapped, opportunity for the insurance industry
