We're very excited to see Clerkenwell, London-based pay-as-you go insurance provider Zego announcing their £6m in series A funding today, led by Balderton and joined by original investor Local Globe and angel investors in the insurance sector. Rob Moffat will be taking a seat on the Zego board.
Read Rob Moffat's thoughts behind this investment.
Zego was founded by former Deliveroo managers last year, and the team has grown from seven to 33 employees since the start of 2017. They're planning to use the funding to hire more specialists for their engineering team, as well as staff to build key business functions.
Read coverage of the announcement on Techcrunch here.
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