Chartered commercial broker Konsileo, which specialises in providing insurance services to mid-market businesses, has successfully raised £8m to support its expansion across the UK.
The funding round, a combination of debt and equity financing, was led by long-term shareholders Committed Capital, with participation from ACF Investors Growth Lending. The investment highlights growing confidence in Konsileo’s innovative approach to insurance broking.
Konsileo focuses on serving small, medium, and mid-corporate businesses, including sectors such as construction, logistics, farming, and recycling. Its proprietary technology platform facilitates self-managed operations, enabling brokers to collaborate without additional corporate hierarchy. By embedding real-time compliance checks and utilising advanced placement tools, Konsileo empowers brokers to find the best quotes across the entire insurance market.
The new funding will be used to expand Konsileo’s recruitment efforts and further develop its proprietary technology. With 160 employees already in place, the company aims to maintain its reputation as a leader in professional, collaborative, and client-focused broking.
Over the past year, Konsileo has grown by two-thirds, becoming a £12m brokerage and placing over £60m gross written premium (GWP) on a run-rate basis. This performance underscores its ability to scale efficiently while maintaining its core values and commitment to clients.
John Warburton, co-founder and CEO of Konsileo, said, “Konsileo is going from strength to strength. Putting brokers at the heart of our organisation – and designing the best working practices and technology to support them to do their best work for their clients – resonates with talented professionals and clients alike. This latest investment gives us additional firepower to keep growing our award winning commercial broking organisation. We’re delighted to have the support of Growth Lending, Committed Capital, and ACF investors.”
Kimberly Martin, managing director at Growth Lending, added, “We are pleased to support Konsileo as it continues on an exciting growth journey. The firm stands out for all the right reasons, with a clearly differentiated proposition in a thriving commercial broking market, alongside proprietary technology that underpins its growth strategy. This, plus a strong and ambitious management team and supportive equity investors, is a winning combination.”
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