Former Estonian MP Kalle Palling and his Cachet insurtech have raised €5.5m as part of their EU expansion efforts. Co-Founded with Hedi Mardisoo, Cachet works with insurers to serve the unique insurance needs of employees operating in the so-called gig economy. Couriers, transportation and food delivery services in particular present unique working models vs. traditional employers. Making up a 20% of all jobs in the EU by some estimates, Cachet works by offering a single view of working behaviours that can be modelled into more flexible insurance policies. Already working with the likes of Allianz, PZU and VIG Group the funding round was led by Paris-based Truffle Capital.
| Company | Individuals | |
| Investor Links | https://www.truffle.com/en | https://www.linkedin.com/in/philippe-pouletty/ https://www.linkedin.com/in/blroques/ |
| Insurtech Links | https://cachet.me/en/ | https://www.linkedin.com/in/kalle-palling-26267170/ https://www.linkedin.com/in/hedimardisoo/ |
Source: https://www.businessleader.co.uk/insurtech-platform-cachet-secures-e5-5m-to-expand-across-europe/