INSUBCONTINENT EXCLUSIVE:
million in Series A funding, led by Balderton Capital
the largest funding rounds for a European insurtech startup, in a Series B investment led by pan-European investment firm Target Global,
specialists in the fintech and mobility space, with other backers including TransferWise founder Taavet Hinrikus
total of $51 million in funding, with new investors Latitude joining existing backers Balderton Capital and Tom Stafford of DST Global
The investment comes as the company claims a whopping 900% growth over the past 12 months.Zego caters to the new mobility services, such as
ride-hailing, ridesharing, car rental and scooter sharing, and offers a range of policies from minute-by-minute insurance to annual cover,
scooter and car delivery drivers, plus van and taxi fleets
created a unique business model to fill it, which the incumbents will find very difficult to replicate
The potential of this company is almost limitless, and I fully expect to see its U.K
