France-based Assurly said to raise €6m seed round

Mortgage insurance provider Assurly has reportedly collected €6m in seed funding.

The round was supported by Cleverton Ventures and several angel investors, including former Jean-Pierre Bégon-Lours, Guillaume Sarkozy and Patrick Lucas, according to a report from Coverager.

The Paris-based InsurTech company, which was founded in 2017, helps consumers quickly find and change their home loan insurance. Its mobile platform enables a customer to get estimates within ten minutes.

Assurly CEO Toufik Gozim told Coveragr,  “This seed fundraising is proof that our business model is attractive and it confirms us in this market in full disruption. With these 6 million, we will be able to accelerate our growth and develop other product lines, while continuing to bring innovation to our offer and recruiting new talents.”

Earlier in the year, Akur8 signed a multi-year partnership with Generali France to improve the insurer’s pricing capabilities.

There have been a number of InsurTech companies to raise funds this month. Earlier in the week, Digit insurance hit a $3.5bn valuation after it closed its $200m in funding. The company provides consumers in India with access to vehicle insurance policies.

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