BlackFin, MTech in €8m series-A for Akur8

The round brings Akur8's total funding to date to €10m. The fresh capital will be used to accelerate the company's international expansion throughout Europe and the US.

Previous funding
Kamet Ventures injected an undisclosed amount of initial investment into the company in 2018.

Company
Founded in 2018, Akur8 is an insurance technology company focused on AI-powered pricing automation and optimisation for property, casualty and health insurance carriers. Its cloud-based software-as-a-service platform is in use by insurers in Europe and the Americas. The company is headquartered in Paris with a team of 25 people.

People
Akur8 – Samuel Falmagne (co-founder, CEO).
BlackFin Capital Partners – Julien Creuzé (managing director).
MTech Capital – Kevin McLoughlin (partner, co-founder).

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• Topics
• Expansion
• France
• Technology
• Venture
• France
• BlackFin