a year ago

Urban Jungle Raises £11.2M for UK Home Insurance Expansion

  • Urban Jungle, a London-based insurtech startup, has raised £11.2 million in its latest funding round, bringing its total raised to £43.3 million

  • The company uses AI to screen out insurance fraud and provide better prices for genuine customers

  • The funding will be used to scale its UK home insurance business, add new verticals, and continue hiring

  • Investors include Intact Ventures, Ingka Investments, Mundi Ventures, Eka Ventures, Sony Innovation Fund, and angel investor Rob Devey

  • Urban Jungle is B Corp certified and carbon neutral.

      • ProblemFinancial Services

      "Making insurance more accessible and affordable to a wider population. "

      Solution

      "Using technology to make insurance fairer and more affordable by screening out fraudsters, making it quicker and simpler for customers, and operating sustainably."

      Covered on