Digital Fineprint, an insurtech start-up building the industry standard for using social media to help consumers optimise their insurance and insurers to provide a more targeted and customer focused approach has just signed up EOS Venture Partners as lead investor for a pre-Series A round. The start-up, which is being accelerated by Allianz, will use the proceeds from the fundraising to develop phase 2 of its product roadmap for using social media to analyze insurance needs.
Digital Fineprint is the first insurtech start-up coming out of Oxford University to raise pre-series A investment. After previously winning the prize for “Best General Start-up in the UK” at the Grad Factor Awards, the company is now rapidly expanding its team and international footprint building key partnerships across the sector. With so many start-ups looking to innovate the traditional insurance market, securing strong partnerships becomes a key strategic advantage.
“We are extremely happy and excited to partner with EOS Venture Partners to accelerate our development. Sam Evans has an outstanding track record in funding and growing successful companies.
EOS Venture Partners, through its partnership with RAW Capital Partners seeks to invest in innovative insurtech start-ups, across the whole value chain of insurance distribution and underwriting.
“After securing the support of Allianz and EOS Venture Partners, we are now looking for two more strategic investors to join the round before closing in September. We invite experienced fintech and insurance innovators to help us build a new kind of insurance industry together”, said Erik Abrahamsson.