UK-based InsurTech startup Hiro is looking to top up its coffers by launching a crowdfunding campaign on Seedrs.
Prospective backers can access an equity stake in the venture for as little as a £10 investment.
The home insurance challenger is set up to reward customers for using home safety smart tech by offering a discount on their premium.
“Insurance is currently locked in this weird stand-off with customers, where the vast majority of customers don’t trust insurers to pay out, and yet payouts are the number one cost-center for insurers,” Krystian Zajac, CEO and founder of Hiro, told Showhouse.
“Hiro is about putting customers and insurers on the same team for the first time – working together to prevent the most common causes of damage, and thereby reducing costs for everyone.”
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