Brolly Closes €1.1M Seed Funding Round

▤ Summary

Brolly, a London, UK-based insurtech startup building an AI-powered smartphone app, closed a €1.1m seed funding round.Backers included Valar Ventures, Pi Labs, Entrepreneur First, Richard Fearn, Matt Bellamy, Christian Angermayer, Tim Levene, Tim Hugh, Alan Morgan, Bruce Macfarlane, Michael Mire and Christian Woolfenden.The company intends to use the funds to further product development, hire new people and add partners to the platform.Brolly Locker is a place to store policy documents, renewal dates, premiums, and contact numbers.The Brolly Shop is launching in 2017 and will enable users to purchase insurance cover in seconds.

▦ Linked Companies