UK-based InsurTech Stubben Edge Group (the Company) has secured a further £5.6m in investment following an over-subscribed £10 million round in September last year. Cornerstone investors include a number of Lloyd’s Names, Nigel Wray, Dowgate Wealth, family offices, institutional investors and other HNW investors.
Since the last round, the Company has delivered on its ambitious growth strategy including the acquisition of Lloyd’s broker Genesis Special Risks, the establishment of Guernsey entity 1Edge and, in August, the purchase of SME-focused media titles from Bonhill PLC.
Further announcements are planned, including additional M&A activity, as the Company continues to target the funds to continue providing the best selection of services to brokers and IFAs who want to start, run, and grow their businesses.
INNOVATIVE INSURTECH STUBBEN EDGE GROUP SECURES A FURTHER £5.6M OF GROWTH CAPITAL LED BY DOWGATE CAPITAL. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.
If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.
You can subscribe to our news posts by entering your email in the box on the right side of this page.
The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.
Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business. For any rectifications, reach out to email@example.com