Insurtech start-up Aviva Ventures has secured £5m ($6.4m) in series A funding from investors including strategic partner Munich Re and Neos, and follows a £1m seed funding round in October last year. The London-based insurance company offers policies that include HD cameras, motion sensors, smoke detectors, door contacts and water leak sensors as standard, to "proactively protect" customers' homes. The funds will be used to speed up growth and take smart home technology into the mainstream insurance sector.
Insurtech start-up Neos has secured £5m ($6.4m) in series A funding from investors including strategic partner Munich Re and Aviva Ventures, and follows a £1m seed funding round in October last year. The London-based insurance company offers policies that include HD cameras, motion sensors, smoke detectors, door contacts and water leak sensors as standard, to "proactively protect" customers' homes. The funds will be used to speed up growth and take smart home technology into the mainstream insurance sector.