New InsurTech startup Dinghy closes $1.2m Seed led by Balderton

Jan 5, 2018 · uktech.news

Dinghy 898x505

Dinghy, a new London startup offering flexible insurance to freelance professionals, has raised $1.2m in a Seed round led by Balderton Capital.

The round also drew participation from angel investors and ReSolution.

Dinghy’s co-founder Edward Woodcock commented on why he decided to launch the business: "As a former tech freelancer, my laptop was my workhorse. I’ve lost earnings from a broken laptop when it took the insurers five days to sort out the replacement.

With 24 hour replacement anywhere in the world, or immediate cash settlement once the claim is approved, I’m excited that we have closed that gap and can provide exactly what freelancers need."

The news comes as approximately 2 million people in the UK are registered as freelance workers, with an estimated 11 million working in the gig economy across Europe.

Read Complete Article

RT @EU_opendata: Finally, it is out!! Have a look at the proposal for a revision of the #PSIDirective #opendata https://t.co/rcAADyw4E2 htt…

Today I sat down with AC Neil Basu, Deputy Mayor @SophieKLinden and @MOPACLdn for our regular meeting on policing a… https://t.co/qFCd9gr6LW

We're looking forward to hosting @F1_H2O World Championship powerboat racing at #LTW this year! Learn more about th… https://t.co/6TEOCpGjSh

Seven of the UK's biggest banks were hit by a co-ordinated cyber attack last year — using software that can be rent… https://t.co/QNmU7K4Eo6

Congratulations to AI chatbot platform @webuild_bots for exceeding its funding target! Hear straight from founder a… https://t.co/ZBn3KXc8n3

Tech.London Weekly

×