Zego raises €135.0M Series C round
10 March 2021· London, United Kingdom· automotive_insurance, insurtech, telematics, ai, b2b, b2c, software_hardware
The company intends to use the funding to accelerate European expansion and beyond, invest in technology (following its recent acquisition of Drivit), double down on its fleet offering, and double its headcount by the end of 2021, especially across product, engineering, and data science.
Investors
LeadDST Global
Also participating
Balderton CapitalGeneral CatalystTaavet HinrikusLatitudeTarget GlobalSocii Capital
About Zego
Stage
Series C
Headquarters
London, United Kingdom
Founded
2016
Team Size
201–500
Sectors
automotive_insuranceinsurtechtelematicsaib2bb2csoftware_hardware
Source: https://uktn.org/2021/03/10/zego-bags-150m-and-becomes-uks-first-ever-insurtech-unicorn/