Smart home InsurTech startup Neos nabs £1m


Smart home insurance service Neos has raised £1m in a seed round from Eos Venture Partners.

Angel investors including former England footballer and Match Of The Day host Gary Lineker also participated.

The London-based company offers a package of smart home devices including a camera, motion sensors and smoke detectors to alert users of potential issues.

The company marries this with insurance partners to manage customer claims when things go wrong.

Neos is currently partnered with insurer Hiscox as well as smart home companies Fibaro and Netatmo.

The funding comes in part from Eos Venture Partners’ dedicated insurtech fund targeted at seed and growth-stage startups.

The fund also intends to work closely with its portfolio to offer advice.

Copyright © 2016 FINTECH GLOBAL

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