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i23 raises £4.9M seed for AI insurance broker

1 reports1 report sources3 hours agoUpdate

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i23, an AI insurance broker founded by former UK treasury economic secretary Bim Afolami and PrimaryBid co-founder Anand Sambasivan, has raised £4.9M in seed funding, according to Sky News, which first reported the news. The company pairs the two founders' public-market and startup backgrounds with an AI-driven broking model. The round size is the only funding detail disclosed so far; investors and valuation were not reported.

AI-generated from reports · 2 hours agoUpdate

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Oct 29
  1. Tech.euTop Deals
    Former UK minister Bim Afolami raises £4.9M for AI insurance broker i23

    Former UK treasury economic secretary Bim Afolami and PrimaryBid co-founder Anand Sambasivan have launched i23.

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