Homelyfe, a London, UK-based insurtech startup, raised £2.4m in seed funding.
The round was led by Tallis Capital and Peterson Ventures.
The company intends to use the funds to continue developing its proprietary technology and to grow its team.
Led by CEO and co-founder Peter Goodman and Andrew Craven, Homelyfe provides a property insurance product for buyers to cover themselves against losses in the case of a sale/buy falling through reimbursing expenses up to the amount of £2,250.
The company, which is developing home and travel insurance products, as well, is regulated by the Financial Conduct Authority.