Konsileo Raises £4.7M in Series A Funding

UK – Konsileo, a London, UK-based commercial insurance broker and risk management adviser, raised £4.7M in Series A funding

The round was led by Growth Tech VC Committed Capital, which provided £3.23m of the current funding round. New investors include a £900,000 investment from ACF Investors, a UK venture capital fund and angel investors.The company intends to use the funds to accelerate its recruitment of UK insurance brokers and further develop its technology platform.Led by CEO John Warburton and CTO Peter Henderson, Konsileo is an FCA authorised and chartered insurance broker which has developed a proprietary broking platform with built-in compliance checks, and policy administration that frees brokers from repetitive tasks and facilitates risk capture and insight and cross-firm collaboration.04/07/2022