4 years ago

Zego Raises $150 Million in Series C to Expand Commercial Motor Insurance Across Europe

  • Zego, a London-based motor insurtech company, has raised $150 million in a Series C funding round led by DST Global

  • The funding will be used to accelerate Zego’s growth in the commercial motor insurance market across Europe and beyond

  • Zego has provided more than 17 million insurance policies and covered more than 200,000 vehicles in five countries.

      • ProblemFinancial Services

      "Traditional insurance companies don’t offer flexible insurance options for businesses, especially for self-employed drivers and riders, who need to pay for coverage based on how much they drive."

      Solution

      "Zego uses technology and data to provide businesses, from self-employed drivers to entire fleets, with flexible pay-as-you-go insurance options and annual policies."

      Covered on