7 years ago

Anorak Technologies Secures £5 Million Series A Funding Led by Kamet Ventures

  • Anorak Technologies Limited, a UK-based life insurance advise platform, secured £5m in Series A funding from Kamet Ventures, bringing the total amount raised to date by the company to £9m

  • Anorak is building an automated life insurance advice platform and APIs, which are integrated by distribution partners

  • The company’s solutions are powered by data science and machine learning to give people access to tailored advice based on their unique circumstances about life and their risks

  • The company intends to use the funds to expand its technology and data teams to continue to develop its technology and to launch a platform for advisors

      • ProblemFinancial Services

      "People having access to unbiased, personalized, and transparent life insurance advice"

      Solution

      "Algorithms and APIs powered by data science and machine learning to provide tailored life insurance recommendations"

      Covered on