Inari, a Barcelona, Spain-based insurance technology company, has raised $5.2 million in seed funding to accelerate its growth strategy and build more features for its platform. The round was led by Caixa Capital Risc, with participation from Criteria Venture Tech. Inari provides core insurance policy administration, underwriting dashboard, and bordereaux management systems for MGAs, insurance carriers, Lloyd's syndicates, and reinsurance companies worldwide. The company's platforms are secure, cloud-based, natively API-enabled, and fully managed services. They provide data-driven insights that help market practitioners better manage their business.
Inari was founded in 2022 by Frank Perkins, Veronique Gob, Jochi Jimenez, and Teresa Madariaga. The company's customers include re/insurance industry players, market-leading MGAs, Lloyd's of London Syndicates, and managing agencies, based across the US, London, Bermuda, and Asia. With the new funding, Inari plans to expand its team in both Barcelona and London and build more features for its platform to meet the needs of its current and future customers. The company also plans to invest in research and development to stay ahead of the curve in the rapidly evolving insurance technology landscape.
Inari's platform is a valuable tool for insurance companies of all sizes. It helps them to automate and streamline their operations, improve efficiency, and reduce costs. Inari's data-driven insights also help companies to make better decisions about pricing, underwriting, and risk management. Inari is well-positioned to become a leading provider of insurance technology solutions. The company has a strong team with deep experience in the insurance industry, and its platform is well-designed to meet the needs of its customers. With the new funding, Inari is poised to accelerate its growth and become a major player in the insurance technology market.
