2 years ago
Insurtech Startup Eleos Secures £615k Pre-Seed Funding
London-based insurtech startup Eleos has raised £615,200 in a pre-seed funding round led by Fuel Ventures
Eleos partners with fintech brands to offer white-labeled income protection and life cover insurance
The funding will be used to further develop their platform and expand their reach.
ProblemFinancial Services
"Traditional insurance models are often inflexible and don't cater to the specific needs of modern consumers, particularly in embedding insurance seamlessly within other financial products."
Solution
"Eleos provides a white-label platform for fintech brands to easily integrate income protection and life insurance directly into their existing offerings, making insurance more accessible and relevant to their customer base."