Fundz

Irish insurtech Nettle raises $4.8M seed round led by MTech Capital to accelerate AI-powered risk assessments for insurers.

PRIVATEOct 06, 2026

Amount Raised

$4.8 Million

Round Type

Seed

LondonArtificial IntelligenceMachine LearningRisk ManagementInsurtechInsurance

Investors

Mtech CapitalProject A VenturesVentures TogetherPortfolio VenturesSure Valley Ventures

Description

Nettle, an Irish-founded insurtech startup, has closed a $4.8M oversubscribed seed round led by MTech Capital. The round brings the company's total funding to $6.8M, including a $2M pre-seed from March. Additional investors include Sure Valley Ventures, Portfolio Ventures, Ventures Together, angels, and Project A Ventures. Nettle's AI platform automates insurance inspections and risk assessments, enabling insurers to complete inspections up to five times faster.

Quick answer

nettle raised $4.8 Million in a Seed round, dated October 6, 2026. Investors: Mtech Capital, Project A Ventures, Ventures Together, Portfolio Ventures and Sure Valley Ventures. nettle is based in London, England, United Kingdom.

How much did nettle raise?
nettle raised $4.8 Million in a Seed round on October 6, 2026.
Who invested in nettle?
Mtech Capital, Project A Ventures, Ventures Together, Portfolio Ventures and Sure Valley Ventures are named as investors in this round.
What does nettle do?
Nettle is an AI-powered risk assessment platform focused on modernizing risk evaluation in the insurance sector.
Where is nettle based and how big is it?
nettle is based in London, England, United Kingdom. Fundz records about 5 employees.
Who are the decision-makers at nettle?
Fundz holds 2 contacts at nettle. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Risk Management and Insurtech around the same time

Companies in the same sectors as nettle that raised within 45 days of this round, from Fundz verified event records.

  • LTY raised an undisclosed amount on October 26, 2026.
  • Stitch Studio raised $8M on November 11, 2026.
  • Huscarl raised $5.6M (Seed) on September 1, 2026.
  • Beinsure raised $1M (Seed) on August 29, 2026.
  • Ancep raised $8.5M on November 10, 2026.
  • i23 raised $6.6M (Seed) on November 4, 2026.

Who to call at nettle, and when

A new round usually means nettle is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

nettle

Location

London, England, United Kingdom

About

Nettle is an AI-powered risk assessment platform focused on modernizing risk evaluation in the insurance sector. The company aims to address the critical shortage of risk engineers and improve the efficiency of risk assessment processes. By reducing paperwork and leveraging AI, nettle enhances turnaround times for insurance inspections. Their mission is to help insurers understand and maintain in-depth risk profiles through automation.

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nettle 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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