8 years ago
Insurtech Startup Homelyfe Secures £2.4 Million in Seed Funding
Homelyfe, a London-based insurtech startup, has raised £2.4 million in seed funding led by Tallis Capital and Peterson Ventures
The company plans to use the funds to continue developing its proprietary technology and grow its team
Homelyfe provides property insurance for buyers to cover themselves against losses in the case of a sale/buy falling through, reimbursing expenses up to £2,250
The company is also developing home and travel insurance products and is regulated by the Financial Conduct Authority.
ProblemFinancial Services
"making it financially secure for people when home buying or selling processes fall through due to unexpected events"
Solution
"offering a property insurance product that covers losses up to £2,250"