Zelros closed an $11M Series A financing round, bringing the total funding to date to $16.5M
The round was led by BGV with participation from ISAI Cap Venture and Plug and Play and historical investors HI INOV, 42CAP and astorya.vc
The company will also use the funding to scale operations across Europe and expand into North America, strengthening its position in the insurtech space
Zelros also provides an AI business platform that offers insurers, bancassurers, and policyholders a personalized way to distribute and receive products and services
Zelros, which has 50 employees, currently works with 15 of the leading insurance providers in Europe
The company will relocate and launch its Montreal-based North American headquarters in Q3 2021
