Leaf Insurance, a Denmark-based InsurTech startup, has raised €1.74m in a recent funding round.
Founded in 2023, the company operates as a licensed insurance broker, providing a digital-first approach to business insurance and pensions, according to the Coverager.
The funding round was led by caesar, with additional backing from Denmark’s Export and Investment Fund (EIFO) and several angel investors.
Leaf offers a platform that leverages data and automation to help businesses manage their insurance and pension needs.
By integrating with popular accounting platforms, the solution retrieves company data to recommend the most appropriate coverage, aiming to remove complexity from traditional insurance processes.
The new capital will be used to expand the product, improve integrations, and scale customer acquisition efforts across Denmark and potentially other European markets.
Since its launch, Leaf has onboarded more than 600 companies onto its platform, underlining growing demand for more intuitive, tech-enabled insurance solutions in the SME space.
This marks Leaf Insurance’s first publicly disclosed investment round.
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