Paris-based Seyna, a pioneering InsurTech company, has raised €10m in a funding round led by 115K, with participation from White Star Capital and Elaia, taking its total funding to €57m.
The newly secured funding will be used to strengthen Seyna’s technology platform and support the development and launch of customised insurance products for brokers and MGAs, while maintaining robust risk management practices, according to InsurTech Insights.
Last year, Seyna reported more than €91m in gross written premiums and anticipates exceeding €125m in 2025, highlighting the company’s strong growth trajectory in the French insurance market.
The firm is the first independent insurer approved by the ACPR for property and casualty insurance in France since 1983. Founded in 2019, the firm offers a range of insurance products distributed through brokers and managing general agents (MGAs), covering pet insurance, rent guarantees, and mechanical breakdown for vehicles.
Armelle de Tinguy, general partner at 115K, said, “Seyna’s deep understanding of the brokerage model and its technology-driven approach. The firm’s ability to innovate within a rigorous regulatory framework makes it a rare asset in the insurance sector and expressed confidence in supporting Seyna’s next stage of growth.”
Chief executive Stephen Leguillon said, “The new capital will strengthen the company’s technology platform and support the launch of tailored products for brokers and MGAs while maintaining strong risk management.”
Previously, Seyna had raised €47m before this latest funding round, bringing total financing to €57m to date.
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