FRANK has raised €2.9 million in a funding round led by Armilar and Start Ventures to develop its AI-powered platform for insurance brokers.
Amount Raised
€2.9 Million
Round Type
Seed
Investors
Description
Portuguese insurtech FRANK raised €2.9 million to enhance its AI-powered platform aimed at reducing paperwork for insurance brokers. The funding round was led by Armilar and Start Ventures. FRANK's technology aims to ease the operational workload of brokers, allowing them to focus more on client interaction. The funds will be used to strengthen client support and invest in research.
Quick answer
FRANK raised €2.9 Million in a Seed round, dated October 1, 2026. Investors: Armilar and Start Ventures.
- How much did FRANK raise?
- FRANK raised €2.9 Million in a Seed round on October 1, 2026.
- Who invested in FRANK?
- Armilar and Start Ventures are named as investors in this round.
Source: Fundz verified event record.
Who else raised in Insurance and Artificial Intelligence around the same time
Companies in the same sectors as FRANK that raised within 45 days of this round, from Fundz verified event records.
- Stitch Studio raised $8M on November 11, 2026.
- Ancep raised $8.5M on November 10, 2026.
- Health In Tech raised $2.9M (Pre-Series A) on November 6, 2026.
- Kalepa raised $75M (Series B) on November 5, 2026.
- i23 raised $6.6M (Seed) on November 4, 2026.
- i23 raised $5.5M (Seed) on October 28, 2026.
Who to call at FRANK, and when
A new round usually means FRANK is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day FRANK raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at FRANK, from your own LinkedIn network
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FRANK raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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