10 years ago

Concirrus Raises £3 Million from Imperial Innovations for IoT Solutions

  • Concirrus, a London-based Internet of Things (IoT) solution provider, has secured a £3 million investment from Imperial Innovations

  • The investment will be used to build out the company's suite of products for the vehicle insurance market and expand its sales team

  • Founded in 2012, Concirrus provides fully integrated business solutions built on a scalable cloud-based platform that enables customers to gather and analyze IoT data

      • ProblemTechnology

      "Insurance companies are struggling to use the huge amounts of data they have to make their businesses more efficient, for example by offering cheaper insurance premiums to safer drivers. "

      Solution

      "Concirrus provides insurance companies with a cloud-based platform that helps them analyze data from connected devices, such as cars, to improve their insurance policies and create new products. "

      Covered on