Sunday, December 15, 2024

Superscript: Scoops £45m in Series B funding

Superscript: Scoops £45m in Series B funding

  • Superscript is delighted to announce the completion of £45 million ($54m USD) Series B funding round
  • The round was led by existing investor BHL UK, owner of Comparethemarket, with participation from new investor
  • It has seen strong growth since its Series A, delivering more than a fivefold increase in active customers
  • Became the first UK insurtech to land a Lloyd’s of London broker license in 2020
  • The funding will be used to further develop underwriting and broking capabilities, enhanced by machine learning
  • The global small business economy represents a huge, yet untapped, opportunity for the insurance industry

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