• The rise of the gig economy helps London-based insurtech Zego to raise $42M

    1 month ago - By TechCrunch

    A couple of years ago London-based startup Zego realised gig-economy workers would need insurance, and went on to raise a very healthy £6 million in Series A funding, led by Balderton Capital. Its first products were pay-as-you-go scooter and car insurance for food delivery workers.
    It's now announced a $42million raise in one of the largest funding rounds for a European insurtech start-up, in a Series B investment was led by pan-European investment firm Target Global, specialists in the fintech and mobility space, with other backers including TransferWise founder Taavet Hinrikus. The...
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  • GuestReady raises $6M to help hosts on Airbnb and other services manage their property

    GuestReady raises $6M to help hosts on Airbnb and other services manage their property

    1 month ago - By TechCrunch

    GuestReady , a three-year-old service that lets shared-economy hosts manage their business on Airbnb and other rental sites, has announced a $6 million Series A round.
    The investment was led by existing backer Impulse VC - the Russian fund that is backed by billionaire Chelsea FC owner Roman Abramovich - and new addition VentureSouq from Dubai. Other past backers also took part, including Boost Heroes, Aria Group and 808 Tech Ventures. GuestReady raised $3 million in 2017 and this round takes it to nearly $10 million from investors to date.
    GuestReady's property management platform helps...
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