Insurance start - up Neos has raised £ 5 m ( $ 6 m ) in series A funding and announced an investment deal with German reinsurance firm smart Re . The smart - home investment firm won backing from Aviva Ventures in the funding round and also hired former footballer Gary Lineker as an investor . Neos uses monitors to protect homes against fire , water damage and theft .
Insurance start-up Neos has raised £5m ($6m) in series A funding and announced an underwriting deal with German reinsurance giant Munich Re. The smart-home insurtech firm won backing from Aviva Ventures in the funding round and also boasts former footballer Gary Lineker as an investor. Neos uses monitors to protect homes against fire, water damage and theft.