Digital Fineprint, a London, UK-based insurtech startup, recently closed a $400k funding round.
The round was le by Eos Venture Partners with participation from angel investors Carl Bauer (co-head of Financial Institutions Group at JP Morgan), Stephan Apel (VP at Merrill Lynch) and Shailesh Rao (VP at Twitter and Google).
Led by Founder and CEO Erik Abrahamsson, CTO Jin Chen, James Clarke, Head of Sales, and Austin Wellbelove, Head of Development, Digital Fineprint is an insurtech startup that leverages social media to create custom made online insurance propositions.
The company, which already conducted successful pilots with Hiscox, Allianz and four other major insurers, came out of Oxford University and later moved to London.
Following the recent acceptance into the FCA Innovation Hub, which support innovative startups with consumer-friendly propositions in navigating the regulatory landscape, Digital Fineprint has also been selected to take part in Accenture’s Fintech Innovation Lab, an annual 12 week accelerator program taking place in London, New York and Asia-Pacific that connects early stage financial technology companies and insurers and banks.