Concirrus covers $6.6m

Sep 26, 2018 •

Concirrus, a UK-based insurance tech developer backed by commercialisation unit Touchstone Innovations, closed a £5m ($6.6m) round yesterday backed by venturing firm IQ Capital Partners and VC fund Eos Venture Partners.
Founded in 2012, Concirrus markets an insurance tech service called Quest which applies artificial intelligence (AI) and data analytics to internet-of-things devices to offer detailed information relating to insurance claims.
Concirrus currently has two products – an automotive insurance service used to identify motoring risks such as…

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