Undisclosed · Fintech
FRANK brings total investment to €2.9m after new funding
Armilar and Start Ventures back the Portuguese company’s insurance workflow software.
FRANK has closed a funding round with Armilar and Start Ventures, bringing its total investment to €2.9 million. The company and investor announcements describe that figure as cumulative funding; the amount contributed in the latest round was not separately disclosed.
The Portuguese company automates administrative work for insurance brokers, connecting incoming requests and documents to actions in insurance-carrier portals. It plans to strengthen customer support and product development while preparing international expansion in 2027.
Use of funds
Strengthen customer support
Develop workflow automation
Prepare international expansion in 2027
Funding history
Undisclosed · This roundUndisclosed