Fully Comp episode 8: The pros and cons of crowdfunding for insurtechs
Welcome to episode eight of Fully Comp, Post’s video series tackling some of the biggest issues in insurance.
Today we ask the question: what are the pros and cons of crowdfunding for insurtechs?
In recent times a number of insurtechs have sought to raise funds through crowdfunding, rather than other more traditional routes such as venture capital, angel investors or incubators, including Dead Happy, Equipsme, Honcho, Laka, Pluto and RNWL.
And in July UK crowdfunding platform Seedrs and Insurtech UK formed a new partnership to match investors interested in the sector with promising Insurtech startups.
With this in mind, Post content director Jonathan Swift is joined by an expert panel to discuss a host of issues such as:
- Has the pandemic impacted the dynamic of raising money and made crowd-funding more attractive to insurtechs?
- What are the key benefits of crowdfunding - and also drawbacks start-ups should be aware off?
- When is a good point in a start-ups journey to consider crowd-funding and how long does it take to get a campaign of the ground?
Participants:
Richard Chattock, CEO, Insurtech Gateway
Gonçalo de Vasconcelos, CEO, Rnwl
Matthew Reed, managing director and co-founder, Equipsme
Tobias Taupitz, CEO and co-founder, Laka
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