4 years ago

Anorak Secures £5 Million to Expand Automated Life Insurance Advice Platform

  • Anorak, a London-based insurtech startup, has secured £5 million in funding to accelerate its expansion

  • The funding round was led by Outward VC, with participation from Triple Point Ventures and Kamet Ventures

  • Notable angel investors include Nic Kohler, Paul Evans, Charlie Delingpole, and Will Neale

  • Anorak provides automated advice for life insurance, addressing the financial risks faced by families in case of a breadwinner's death.

      • ProblemFinancial Services

      "millions of families risk financial collapse if their primary breadwinner dies, making it difficult for them to maintain a stable lifestyle"

      Solution

      "Anorak's automated advice platform helps families assess and plan for this risk by providing personalized life insurance recommendations"

      Covered on