9 years ago

Neos Secures £1 Million Seed Funding for Smart Home Insurance Platform

  • Neos, a London-based insurtech startup, has raised over £1 million in seed funding from investors including Gary Lineker, Steve Broughton, Richard King, and Barry Smith, who has also joined Neos' board of directors as chair

  • The company plans to use the funds for product development and launch in early 2017

  • Neos is building a platform for homeowners that combines smart technology, 24/7 emergency assistance/monitoring, and comprehensive insurance backed by Hiscox for a price comparable to traditional insurance policies.

      • ProblemTechnology

      "Homeowners are stuck with traditional insurance policies that are expensive and don't offer any real-time protection or assistance."

      Solution

      "Neos offers a smart home insurance platform that bundles comprehensive insurance with 24/7 emergency assistance and monitoring for the price of a traditional policy plus a small monthly fee."

      Covered on