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Insurance tech firm Buzzmove secures super-seed £6m funding

Company will use funding to develop online platform which enables consumers to create digital inventory and compare and book certified movers

Buzzmove, an insurance tech start-up, has raised £6m in super-seed funding led by White Mountains Insurance Group.

Founded in 2014, Buzzmove is a price comparison and booking platform for the moving industry. It allows consumers to create a digital inventory of their belongings and compare and book certified movers. It also provides moving companies with professional surveying software.

The start-up previously secured a $650,000 seed round after graduating from Telefónica’s global tech start-up accelerator Wayra. It recently participated in Startupbootcamp InsurerTech, which claims to be the world’s first insurance tech-focused accelerator.

The funding will be used to fuel the continuing development of Buzzmove’s new platform.

Rebecca Downing, founder of Buzzmove, said: “Buzzmove aspires to be to home and household contents insurance, what telematics is to motor insurance, enabling truly personalised home and household contents-based insurance policies.”

Sabine VanderLinden, managing director of Startupbootcamp InsurTech, added: “We foresee huge potential for Buzzmove’s solution within an insurance sector that is seeking improved customer engagement via digitisation.”

Henry Williams
Henry Williams

Henry has been writing for Startups.co.uk since 2015, covering everything from business finance and web builders to tax and red tape. He’s also contributed to many of our industry-renowned annual indexes, including Startups 100 and Young Guns, and created a number of the site’s popular how to guides. Before joining the team, he reviewed films for a culture website, and still harbours ambitions of being a screenwriter.