Sherpa, a Naxxar, Malta-based insurtech startup, raised $2.3m in funding.
Backers included Mehrdad Piroozram, and other unnamed angel investors.
The company intends to use the funds to expand the team and invest further in proprietary IP.
Led by Chris Kaye, CEO, Greg McCafferty, CFO, and Lachlan Gillies, COO, Sherpa is building an interface that offers a single personalized insurance account for connected consumers covering all their personal risks coupled with a solution for personal risk management.
The solution will be launched in the UK later this year.