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Fintech Wales

Fintech Wales

Welsh FinTech in Foucs: Driverly Raises Oversubscribed Funding Round and Shifts to B2B Strategy

Driverly has successfully closed its latest funding round, with significant investor support leading to an oversubscription of 60%. The investment was spearheaded by the Development Bank of Wales, alongside prominent angel investors, including Simon Bell, and the Angel Co-Fund.

02/04/25

Alliance Manchester Business School

Alliance Manchester Business School

Meet the Alliance MBS Full-time MBA alum transforming car insurance with AI

Armin Kia was part of our Full-time MBA class of 2014. Now, he's co-founder and CEO of Driverly - an insurtech using AI-powered intelligence to revolutionise the car insurance customer journey.

25/03/25

Angel News

Angel News

Angels join Development Bank in Driverly fundraising round

A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.

21/02/25

GS Verde Group

GS Verde Group

Cardiff-based technology business successfully secures equity funding

Driverly, a Cardiff-based technology business specialising in insurance intelligence solutions, has successfully secured equity funding in a deal advised on by GS Verde Group.

20/02/25

Fintech wales

Fintech wales

Welsh Fintech Driverly Secures Six-Figure Investment from Angels and Development Bank

A Welsh technology business providing adaptable app solutions to major car insurers has secured a six-figure investment round, backed by the Development Bank of Wales, Angels Invest Wales, and a syndicate of high-profile investors.

19/02/25

Insider media

Insider media

Cardiff car insurance tech business completes fundraising round - will use investment to grow its customer base

A Cardiff-based car insurance tech business has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors. Dealmaking advisory group GS Verde Group advised on the deal. 

18/02/25

Business cloud

Business cloud

Cardiff InsurTech receives Bank of Wales investment

Driverly, a business providing adaptable app solutions to major car insurance companies, has completed a six-figure funding round.

18/02/25

UK Tech News

UK Tech News

Driverly secures £650k Seed Investment led by Development Bank of Wales and Angels Invest Wales

Driverly, an AI-powered geo-intelligence services provider for car insurance, has raised approximately £650,000 in an oversubscribed seed funding round. This investment brings Driverly’s total funding to more than £1.2 million.

18/02/25

Business news wales

Business news wales

Angels Join Development Bank in Fundraising Round for Car Insurance Tech Firm

A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.

18/02/25

Wales 247

Wales 247

Driverly Secures Six-Figure Investment to Expand Insurance Tech Solutions

A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.

18/02/25

Development Bank of Wales

Development Bank of Wales

Angels join Development Bank in fundraising round for car insurance tech business Driverly

A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.

17/02/25

The Managing General Agents'​ Association (MGAA)

The Managing General Agents'​ Association (MGAA)

Driverly’s unique Road Risk Map helps to identify the 5 most dangerous sections on Britain’s roads

As part of its unique AI driven telematics data profiling and risk analysis, Driverly has identified the top 5 most dangerous road sections in Britain based on accident data, traffic volumes and driver behaviour.

22/05/23

© 2023 Driverly is a trading name of Driverly Company Limited (Reg No: 13377155), registered at 10 Churchill Way, Cardiff, CF10 2HE.  Driverly Company Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 969683).  These details can be confirmed by visiting the Financial Services Register, www.fca.org.uk/register.

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Driverly

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