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Swedish open insurance platform Insurely said it ha s raised 2.5 million euros in a funding round led by local venture capital firm Luminar Ventures to support its continued growth by recruiting new talent and expanding operations to more markets in Europe. Insurely says its mission is to digitize the insurance market in Sweden and beyond by introducing innovative API’s and easy-to-use solutions for Open Insurance. With Insurely’s solutions, companies can create effective services for switching insurance contracts, as well as enabling insurance in their personal finance management apps and more. “With Open Insurance taking off, I expect us to grow our business by as much as five times this year alone. We´re also looking to double our team with new recruits,” said ....
External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Swedish Open Insurance platform Insurely secures €2.5 million in new funding 18 February 2021 Source: Insurely Insurtech company, Insurely striving for global leadership within Open Insurance announces it has successfully secured EUR 2.5 million in new funding. The financial round was led by well-renowned Swedish Venture Capital firm, Luminar Ventures. The new funding will support Insurely s continued growth by recruiting new talent and expanding operations to more markets in Europe. Insurely is on a mission to digitize the insurance market in Sweden and beyond by introducing innovative API’s and easy-to-use solutions for Open Insurance. With Insurely’s solutions, companies can create effective services for switching insurance contracts, as well as ....