Aventus, a London, UK-based B2B insurtech business and insurance operating system originally created for the MGA Homelyfe, closed a £2.6m funding round.
The round was led by Outward VC and Notion Capital with participation from TriplePoint and Downing Ventures.
The investment will be used to scale up the business.
Led by Peter Goodman, Aventus provides a modular Insurance Operating System, which allows insurers to create policies and automatically quote and bind in under a minute, asking minimal questions. In addition to improving customer experience, the system drives efficiencies for insurers by combining policy administration and CRM in one place, whilst leveraging multiple data sources to deliver quotes at speed and automate bordereaux and binder management.