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Loadsure Secures £1.1M in Final Seed Round Led by Insurtech Gateway

Mar 31, 2020over 5 years ago

Amount Raised

£1 Million

Round Type

seed

United Kingdom

Description

Loadsure today announced an investment of £1.1M led by Insurtech Gateway, alongside other corporate and angel investors. Attracting interest for its radically simplified and efficient approach to spot freight cargo insurance, the company has launched a fully automated, end-to-end digital process. As a result, Loadsure empowers brokers, shippers, and carriers to cut per-load insurance costs by 5x and accelerate claims settlements from days to hours.

Company Information

Company

Loadsure

Location

United Kingdom

About

Loadsure is an international Insurtech Managing General Agent (MGA), and its eyes are set on revitalizing the freight spot market with exciting new technology. With an innovative digital product, it is taking the lead, fueling growth, and driving diversification within the market. Loadsure’s fully digital end-to-end, cloud-based insurance solution leverages predictive analytics and cutting-edge tech stack to provide the spot freight community with a full-service insurtech solution, integrated with leading digital transportation management platforms. Visit loadsure.net.

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