It will also look to expand geographically and further develop its “social media-powered” insurance distribution software.ĭigital Fineprint chief executive Erik Abrahamsson welcomed the investment. The startup, which began at Oxford University, will use the funds raised to build on its London team. Digital Fineprint was part of Accenture’s Fintech Accelerator program. In the past, it has acquired clients and partners including Allianz, Hiscox and QBE.

It raised $400k (£300k) in an angel round in December 2016.ĭigital Fineprint uses social media data for insurance lead generation and automated form filling, alongside further risk analysis and profile building. Previous angel investors in Digital Fineprint include a top Twitter executive. New investors in Digital Fineprint include Force Over Mass and various angel investors including former AXA UK chief executive and former Towergate chief executive Andy Homer. Their niche focus on helping insurers use social media to find new customers and gain actionable insights has worked well, and we are looking forward to helping DFP grow.” Pentech Ventures partner Marc Moens, who joins Digital Fineprint’s board of directors, commented: “As a fund, we have looked closely at the insurtech space and the traction achieved by the team at DFP in such a short amount of time is impressive.

UK-based software-focused venture capitalist (VC) Pentech led the round, which also saw existing investor participation.

The insurtech startup, Digital Fineprint has raised $2.7m (£2m) in its second fundraising round.

Fineprint uk