Seyna Raises €33M in Series A Funding

Seyna, a Paris, France-based insurtech company, raised €33m in Series A funding.

Pending approval by the French supervisor, this round was jointly led by Elaia Partners and White Star Capital. Existing investors (Global Founders Capital, Allianz and la Financière St James) all participated in the round. This capital brings Seyna’s total funding to €47m.

The company intends to use the funds to scale its service to all brokers and merchants in Europe.

Led by Stephen Leguillon, CEO, Seyna Seyna provides an insurance creation, management and distribution platform for brokers to protect their customers. Since obtaining its licence to operate as an insurance company in December 2019, rhe company now enables over 70 insurance brokerage and retailers, and protects over 200 000 customers.

In 2022, Seyna plans to increase the software feature set offered to brokers, expand into events and health insurance, and start hosting insurance products from other carriers.