Insurance comparison platform Rnwl has surpassed its crowdfunding target, with another 38 days left on the campaign.
The InsurTech has raised £176,618 in the crowdfunding campaign, which is being held on the Seedrs platform. Initially, the firm was targeting £150,000 for the crowdfunding.
There have been 294 investors to commit to the round, so far.
A pre-money valuation for Rnwl was set at £3.8m.
Rnwl claims to be the worlds first over-the-top insurance platform that will help consumers to keep on top of their policies, as well as save time and money.
Its mobile app will show users deals from a variety of websites, act as a dashboard for all of a user’s active policies and offer tailored searches and deal comparisons at each renewal date.
The platform is easy to use, with the user never having to re-enter their information and the app will handle everything.
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