i23 has raised £4.9M in a seed funding round, co-led by Outward VC, Seedcamp, Insiders VC, and Four Cities Capital, to acquire an existing insurance brokerage.
Amount Raised
£4.9 Million
Round Type
Seed
Greater LondonFinancial ServicesArtificial IntelligenceFintechInsurtechInsuranceInvestors
Description
London-based InsurTech start-up i23 has raised £4.9M in a seed funding round. The company is developing an AI-native commercial insurance broker platform designed to automate administrative workflows and policy documentation. The capital will be used to acquire an existing insurance brokerage. This acquisition will enable i23 to deploy its AI technology directly into the firm's operations.
Quick answer
i23 raised £4.9 Million in a Seed round, dated November 4, 2026. Investors: Insiders VC, Four Cities Capital, Outward VC and Seedcamp. i23 is based in Greater London, England, United Kingdom.
- How much did i23 raise?
- i23 raised £4.9 Million in a Seed round on November 4, 2026.
- Who invested in i23?
- Insiders VC, Four Cities Capital, Outward VC and Seedcamp are named as investors in this round.
- What does i23 do?
- i23 is a London-based InsurTech start-up focused on transforming the insurance brokerage model through artificial intelligence.
- Where is i23 based and how big is it?
- i23 is based in Greater London, England, United Kingdom.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as i23 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.
- Planky raised $7.7M on November 10, 2026.
- Numica raised $21M on November 5, 2026.
- Crediflow AI raised $2M (Seed) on November 4, 2026.
- Finpilot raised $10M (Series A) on November 4, 2026.
Who to call at i23, and when
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