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HomeFinTechKonsileo: Raises £4.7M in Series A Funding

Konsileo: Raises £4.7M in Series A Funding

Konsileo Raises £4.7M in Series A Funding

  • Konsileo, a London, UK-based commercial insurance broker and risk management adviser, raised £4.7M in Series A funding
  • The round was led by Growth Tech VC Committed Capital, which provided £3.23m of the current funding round
  • New investors include a £900,000 investment from ACF Investors, a UK venture capital fund and angel investors
  • The company intends to use the funds to accelerate its recruitment of UK insurance brokers and further develop its technology platform
  • The company is an FCA authorised and chartered insurance broker which has developed a proprietary broking platform with built-in compliance checks
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