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Konsileo reports €5.9 million equity round led by existing investors

The UK broker says the funding will support recruitment and AI integration. The available account does not set out the amount contributed by each investor or a timetable.

UK-based InsurTech Konsileo raises €5.9 million to expand its team and integrate AI | EU-Startups
UK-based InsurTech Konsileo raises €5.9 million to expand its team and integrate AI | EU-Startups Kaynak yayıncı

Konsileo reported a €5.9 million equity round, with Committed Capital and ACF Investors participating. The company says it will use the funding to expand its team and integrate AI into its broking platform. The available account does not identify a regulator or describe any legal process related to the financing.

The announcement describes an investment in a UK insurance broker and its technology. It records the company’s stated plans, rather than a regulatory decision or a change in legal status.

The reported financing is equity

Equity financing means a company raises money by issuing or selling ownership interests. The source identifies the round as equity financing and gives its value as €5.9 million.

Committed Capital led the financing alongside ACF Investors, according to the account. It describes Committed Capital as a long-term shareholder, but does not report individual contributions or the terms of the investment.

The source also notes previous financing: €3.2 million in April 2018 and €9.4 million in debt and equity financing in November 2024. Those earlier amounts and dates are reported as background to the current round.

Konsileo links funds to hiring and AI

Konsileo says it plans to expand its team using the funding. The source does not provide a hiring target, the roles it expects to recruit, or a schedule.

The company also plans to integrate AI into its broking platform. The account does not describe specific AI functions, deployment timing, or how the change will affect existing processes.

Konsileo’s in-house platform automates administrative work and embeds compliance checks, according to the source. It also helps brokers collect risk information from clients, with the stated aim of supporting client relationships and professional advice.

The company operates Riskube, described as an online insurance and risk management platform that lets clients access and manage policies. The source does not explain whether the planned AI integration will involve Riskube.

The company’s scale is part of its account

Konsileo was founded in 2017 by John Warburton and Peter Henderson. It employs more than 220 people and arranges more than €100.5 million in annual insurance premiums for businesses across the UK, according to the source.

The source says those business clients include construction, healthcare, technology and professional services. It also says Konsileo recruits brokers individually and develops them through Konsileo Academy, describing a model that avoids growth through acquisition.

The available account does not identify an authority, legal stage, or date for a regulatory action, and no such action is described. It reports the company’s plans, but does not include a separate company response to a legal matter. The terms for each investor and the implementation schedule remain undisclosed. Further reporting would need to establish when the company provides detail on recruitment and AI integration.

Sources

  1. UK-based InsurTech Konsileo raises €5.9 million to expand its team and integrate AI | EU-Startups eu-startups.com