Insify Series A funding round led by Accel

Deal typePrivate Equity & Transaction Services
IndustryFinancial Services & Technology & Media
Client nameAccel Management LLP

BDO has provided financial due diligence services to Accel, as it led a €15m Series A funding round in Insify.

Insify, the end-to-end digital insurance platform designed for Europe’s entrepreneurs and SMEs, raised €15 million in Series A financing. 
Global venture firm Accel led the investment round and was joined by Visionaries Club as well as existing investors Frontline Ventures and Fly Ventures and angel investors from leading European fintech companies.

Insify is transforming business insurance to make it simpler, faster and more affordable for entrepreneurs and SMEs. Through an intuitive end-to-end digital customer journey, Insify is able to offer SMEs a business insurance quote in as little as two minutes, rather than weeks or months with incumbents. 


"This project builds upon our relationship with Accel, and credentials in the VC space."

Mark Jones, Director, BDO LLP