3 years ago

Instanda Secures $45 Million to Empower No-Code Insurance Innovation

  • London-based insurtech scaleup Instanda has raised $45 million in a Series B funding round led by Toscafund

  • The company provides no-code software tools for the insurance industry, enabling faster product development and deployment

  • The funding will be used for expansion in Europe, the US, Japan, and the UAE, as well as for platform development.

      • ProblemTechnology

      "Insurance companies struggle to quickly and cost-effectively create and launch new insurance products due to reliance on complex coding and legacy systems."

      Solution

      "Instanda offers a no-code platform that allows insurance companies to build and launch insurance products quickly and efficiently, without needing specialist coding knowledge, using pre-built templates and a drag-and-drop interface."

      Covered on