InsurTech Futures: Start-up Zego raises £6m

Green light at a traffic light

Broker providing pay-as-you-go insurance for the sharing economy secures funding from Balderton Capital.

Pay-as-you-go InsurTech start-up Zego has raised £6m in series A funding from Balderton Capital, as it gets set to launch new products for flexible workers employed in the sharing economy.

The Clerkenwell-based firm stated it has also raised funding from original investor LocalGlobe and from angel investors from the insurance sector.

The broker was launched last year to provide insurance for drivers working for sharing economy companies, such as Deliveroo, UberEATS, Jinn and Amazon.


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