13 December 2016Insurance

Insurtech start-up Digital Fineprint lands $400k investment

Insurtech start-up Digital Fineprint has raised $400k seed investment from Eos Venture Partners and a group of angel investors.

Investors participating included the co-head of the financial institutions group at JP Morgan, Carl Bauer, Merrill Lynch vice president Stephan Apel, as well as the vice president at Twitter and Google Shailesh Rao.

Oxford start-up Digital Fineprint, which is now headquartered in London, tied up with Hiscox, Allianz and four other major insurers in the recent past.

Erik Abrahamsson, the founder of Digital Fineprint, said: “After we partnered with Allianz and began helping consumers find the right insurance policy using social media data, we turned to Eos Venture Partners to help with our fundraising.

“It has been an exhilarating journey, and we are all grateful and excited for the hard work Sam Evans and his team has put in.”

Sam Evans from Eos Venture Partners has previously invested in a number of Insurtech startups including RightIndem and Neos.

The investment fund has also partnered with StartupBootcamp Insurtech to provide early stage funding for promising insurtech startups.

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