What is Insify?
Insify is a Dutch digital insurance platform designed to provide fast, affordable, and flexible business insurance solutions specifically for freelancers and small entrepreneurs. The company simplifies the insurance process through an easy online sign-up system, complemented by personalized support. By leveraging technology, Insify aims to make business insurance accessible and straightforward for its target demographic, addressing a key market need for agile and cost-effective coverage.
How much funding has Insify raised?
Insify has raised a total of $36.4M across 2 funding rounds:
Series A
$17.2M
Series B
$19.2M
Series A (2022): $17.2M with participation from Fly Ventures, Frontline Ventures, Accel, and Visionaries Club
Series B (2025): $19.2M led by Accel, Opera Tech Ventures, Evli Growth Partners, and Frontline Ventures
Key Investors in Insify
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.
Opera Tech Ventures
Opera Tech Ventures is an investment firm that supports entrepreneurs transforming the financial industry through innovative technologies in fintech, insurtech, and beyond. They focus on backing early-stage to scale businesses across various sectors.
Evli Growth Partners
Evli Growth Partners specializes in partnering with promising European startups, particularly in the Nordics and Baltics, to accelerate their growth through substantial investments and resources. They focus on Series B funding.
What's next for Insify?
With the recent infusion of capital, Insify is poised for accelerated expansion and further development of its innovative insurance offerings. The substantial enterprise-level funding, particularly the recent strategic investment, suggests a focus on scaling operations, enhancing technological capabilities, and potentially broadening its market reach. Investors like Accel and Frontline Ventures, known for backing high-growth B2B companies, indicate a strategic alignment with Insify's mission to disrupt the traditional insurance landscape for small businesses and freelancers. Future endeavors will likely involve solidifying its market leadership and exploring new avenues for growth within the insurtech industry.
See full Insify company page