Akur8 Secures $120mn in Series C Funding Boosting InsurTech Innovation
Monday, 16 September 2024, 00:38
Akur8 Secures $120mn in Series C Funding
UK-based InsurTech Akur8 has successfully secured $120 million in Series C funding from One Peak, a prominent growth equity firm.
This crucial investment marks a significant milestone, increasing Akur8's total investments raised to $180 million, thus solidifying its position in the InsurTech market.
Impact on the InsurTech Landscape
- This funding is expected to accelerate the company’s growth and technological advancements.
- With these resources, Akur8 aims to enhance its software capabilities and reach more clients across various sectors.
This strategic partnership will likely drive innovation within the industry, positioning Akur8 as a leader in advanced risk assessment and pricing solutions.
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