Undisclosed · Fintech

Konsileo secures £8m in debt and equity financing

The November 2024 package backed broker recruitment and technology development.

Konsileo completed an £8 million fundraise announced on November 20, 2024. The package combined debt and equity, led by long-term shareholder Committed Capital alongside ACF Investors and specialist finance provider Growth Lending.

The company planned to use the funding to recruit broking professionals and develop its technology platform.

Konsileo serves commercial insurance customers through brokers supported by a shared platform. The financing supported the company’s expansion across the UK, including the technology used for compliance, policy placement and collaboration.

Use of funds

Recruit broking professionals

Develop proprietary technology platform

Funding history

Undisclosed · This round£8M
Series A£2.7M

Sources

  1. Konsileo financing announcementkonsileo.com · Nov 20, 2024