Setoo: Insurance and Protection-as-a-Service company secured an €8 million Series A funding round
- Setoo stands for simplicity – in French
- Main investor is Kamet, AXA’s insurtech start-up studio.
- Investment will be used for EU expansion plans and to build new products
- Offers e-businesses the option of embedded insurance products
- The company has headquarters in London, an insurance centre in Paris, and a research and development centre in Tel Aviv