Konsileo secures £4.7m in funding
Broker Konsileo has raised £4.7m in a Series A funding round led by Growth Tech VC Committed Capital.
Committed Capital originally invested in Konsileo in 2018 and provided £3.23m in the current round. New investors include a £900,000 investment from ACF Investors, a UK venture capital fund, and angel investors.
Konsileo, which doubled in size in 2021 to 75 people and run rate gross written premium of £25m, plans to use the investment to accelerate its recruitment of UK insurance brokers and further develop its technology platform.
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