Tech Company Financing Transactions
Jove Funding Round
On 12/6/2024, Jove received $4.6 million in Seed funding from Exceptional Ventures, Love Ventures and New Alpha AM.
Transaction Overview
Company Name
Announced On
12/6/2024
Transaction Type
Venture Equity
Amount
$4,600,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to accelerate product development, enhance automation, and scale its operations to meet growing demand.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
7/121 Sutherland Avenue
London, W9 2QJ
UK
London, W9 2QJ
UK
Phone
Website
Email Address
Overview
Jove provides borderless work related insurances to SMEs and contractors. This includes business liability, workers compensation, sickness cover to portable equipment, hired in plant and goods in transit insurances. By utilising our API driven real time enrolment and risk analytics, AI insurance validation module, marketplaces and work related digital platforms can embed fit for purpose insurances directly into their candidate onboarding process and throughout project cycles.
Management Team
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Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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