London-based Bought By Many, an insurtech startup that uses social media and search data to offer insurance to customers, has closed a £7.5 million Series A round. It was led by Octopus Ventures, with Munich Re/HSB Ventures participating, as well as existing investors.
London-based fintech startup CompareEuropeGroup, has closed a €20 million Series A funding round. The investors include private equity platform ACE & Company, Pacific Century Group, Nova Founders Capital, SBI Holdings, Mark Pincus, Peter Thiel, and others.
Spanish startup CoverWallet has raised a round of €7.3 million from investors Union Square and Index Ventures. The startup had previously raised €1.6 million in investment.
Vienna-based VC Speedinvest has made its first investment in Croatia: Amodo works with insurance companies to bring “usage-based insurance” to the market.