3 years ago

Lukango Secures £275,000 Pre-Seed Funding to Support Small Businesses with Tailored Insurance

  • London-based insurtech startup Lukango has raised £275,000 in a pre-seed funding round

  • The company offers insurance policies tailored for small businesses, including fixed-price and flexible plans covering liabilities such as public, employers', and product

  • The round saw participation from angel investors such as Evelyn Bourke, former CEO of Bupa, Andrew Rear, founder of Digital Partners, and Mark Hunt, former senior advisor to Nasdaq.

      • ProblemTechnology

      "Small businesses struggle to find affordable and flexible insurance policies that meet their specific needs."

      Solution

      "Lukango offers two insurance products: "Fix" a set price plan and "Flex" which charges based on the size of a business for a range of policies such as public liability, employers’ liability and product liability."

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