Stubben Edge secures £5.6m investment
UK-based Insurtech Stubben Edge has secured a £5.6m investment which it said will be used for further growth through new business and an “ambitious” M&A strategy.
The latest injection has followed a £10m funding round in September last year.
Cornerstone investors include a number of Lloyd’s names, Nigel Wray, Dowgate Wealth, family offices, institutional investors and other HNW investors, the business detailed.
Stubben Edge underwent a management buyout in 2018 and along with last year’s £10m raise it has previously secured £1m in 2019 and £4m at the beginning of 2021.
Since the last round, the firm has snapped up Lloyd’s broker Genesis Special Risks
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