a year ago

Eleos Raises €3.75 Million to Expand Digital Life Insurance Offering

  • Eleos, a UK-based insurtech company, has secured €3.75 million in seed funding led by Fuel Ventures and Indico Capital

  • The company aims to revolutionize consumer access to life insurance and income protection products by offering a fully digital solution and partnering with leading financial brands

  • Eleos plans to use the funding to launch more lines of insurance in the UK and expand into the US market.

      • ProblemFinancial Services

      "making it difficult for people to communicate the importance of financial protections and access digital insurance solutions"

      Solution

      "Eleos provides fully digital life insurance and income protection products, offering a simple and cost-effective way for consumers to access these essential protections, and also provides APIs and white-labelled journeys for integrations with leading financial brands"

      Covered on