Neat, another Paris-based insurance enabler, has received €10 million in seed funding. The insurtech, another player in the flourishing embedded insurance space, is looking to add 40 new faces to the team over the next year or so. A worrying thought for other key actors in the arena as the founders Fabien Cazes and Maximilien Dauzet together have around 30 years’ experience – also given their number of transactions has grown over 350% in the span of a month. With experienced investment firms leading the round such as Octopus Ventures and Mundi Ventures, alongside New Alpha and Founders Future, you should really watch out for these guys.
Source: Tech EU