Startups
We believe that insurance should be simple, easy and rewarding. We’re building Brolly to create insurance that just works, enabling people to protect the things they care about in a simple and joyful way.
Awarded ‘Insurance Company of the Year’ 2019 by City A.M.
Awarded ‘Insurance Company of the Year’ 2019 by City A.M.
Overview
Employees
11-50
Total raised
$2.62M
Founded date
2016
Investors 1
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jul 27, 2017 | Seed round | $1.31M |
Mentions in press and media 10
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jul 16, 2020 | Direct Line Group acquires London-based insurance app Brolly | Brolly, the U.K. digital insurance app, has been acquired by incumbent Direct Line Group. The terms of the acquisition aren’t being disclosed, while the transaction is expected to formally close during the third quarter of 2020. Originally ... |
| Aug 7, 2019 | Brolly launches ‘Brolly Contents’ to tackle the antiquated home contents insurance market | Brolly, the U.K. insurance app that lets you keep track of your various policies so you are correctly and competitively covered, is launching a new product to plug what it sees as a gap in home contents insurance. Dubbed “Brolly Contents,” ... |
| Mar 13, 2019 | International-first Insurtech Standards released providing vital support for UK startups | Do you run an insurtech business?Are you looking to enter into a partnership agreement with a corporate, but you need some legal assistance? Look no further. We know that access to legal services can be costly and impact startups more acu... |
| Jan 28, 2019 | Insurtech Brolly bags £1m seed funding to “build a fairer insurance market” | Brolly, an AI-driven insurtech app, has raised £1m in seed funding in a round led by U.S.-based venture fund Valar Ventures, which also included Pi Labs, Young Gun-founded Entrepreneur First via its £40m-backed Enterprise Capital Fund, and ... |
| Jul 27, 2017 | Term Sheet — Thursday, July 27 | THREE THINGS Good morning, Term Sheet readers. This is Polina Marinova again, filling in for Erin. Send your feedback to [email protected], or find me on Twitter @polina_marinova. Paid Content You can't secure what you can't see F... |
| Jul 27, 2017 | Brolly, an ‘AI-driven’ insurance app, raises £1M seed round led by Valar Ventures and Pi Labs | Brolly, a U.K. ‘insurtech’ startup that offers an app to help you manage and purchase various insurance products, has raised £1 million in seed funding. Valar Ventures, the U.S.-based venture fund backed by Peter Thiel, led the round, with ... |
| Jul 27, 2017 | Insurtech startup Brolly raises €1.1 million to disrupt the antiquated $5 trillion insurance market | Brolly, an insurtech startup aiming to disrupt the antiquated insurance market through a customer-empowering, AI-driven smartphone app, has closed a €1.1 million seed round. Whilst other UK insurtech startups have applied mobile technology ... |
| Jul 27, 2017 | Brolly Closes €1.1M Seed Funding Round | Brolly, a London, UK-based insurtech startup building an AI-powered smartphone app, closed a €1.1m seed funding round. Backers included Valar Ventures, Pi Labs, Entrepreneur First, Richard Fearn, Matt Bellamy, Christian Angermayer, Tim Leve... |
| Mar 31, 2016 | Insurtech, Five Startups Disrupting Insurance Management in Europe | The challenge to disrupt the financial services sector via technology is now in its golden age. The latest figures clearly show this. The target is clear: No high street zombies, please! We need a new bank, more agile, easier to use for con... |
Reviews 0
FAQ about Brolly
When was Brolly founded?
Brolly was founded in 2016.
How much funding has Brolly raised?
Brolly has raised $2.62M in total across 2 funding rounds.
What funding rounds has Brolly raised?
Parsers VC lists 2 funding rounds of Brolly, among them a seed round of $1.31M on Jul 27, 2017.
What has the press written about Brolly?
Parsers VC has collected 10 articles mentioning Brolly, among them “Direct Line Group acquires London-based insurance app Brolly” (Jul 16, 2020) and “Brolly launches ‘Brolly Contents’ to tackle the antiquated home contents insurance market” (Aug 7, 2019).
Is Brolly still active?
Brolly is probably closed: its latest activity on Parsers VC dates from Jul 17, 2020.