# AkinovA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/akinova

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.akinova.com
- Total disclosed funding: $6.7M
- Latest round: Series C (Feb 1, 2021)
- Investors on record: 6

## About

AkinovA Ltd. is a regulated global digital marketplace that enables the transfer and trading of insurance, reinsurance, and insurance-linked securities (ILS) risks, enhancing efficiency in risk management.AkinovA Ltd. provides a platform that facilitates dynamic transactions among insurance industry participants. Founded in 2017 and headquartered in London, UK, the company has completed five deals as of February 2021. The founder, Henri Frsa, has a background in insurance and technology, previously engaging in ventures related to these sectors. In its latest funding round in February 2021, AkinovA raised GBP 4.25 million in Series C funding, bringing the total amount raised to GBP 4.25 million and valuing the company at GBP 28.21 million.AkinovA offers a regulated global digital marketplace designed for the transfer and trading of insurance, reinsurance, and insurance-linked securities (ILS) risks. Their core product is a sophisticated platform that facilitates transactions among brokers, capacity providers, and data analytics firms, enabling users to efficiently buy and sell risks. The platform integrates secure instant messaging and allows access to critical third-party data, enhancing decision-making. The marketplace serves a diverse clientele, focusing on improving risk management and capital optimization, operating across 41 countries.AkinovA generates revenue through transactional activities on its marketplace, where clients engage in buying and selling insurance risks and related services. The platform's revenue model is transactional, reflecting costs associated with facilitating trades and providing insights. Clients utilize advanced features like C1Policy™ and innovative risk analytics tools to negotiate deals and discover market prices in real time, while ensuring compliance with the Bermuda Monetary Authority's regulations.In February 2021, AkinovA Ltd. raised GBP 4.25 million in Series C funding, which will be utilized to enhance its platform and expand into new markets. The company aims to launch new products designed to optimize risk management strategies and engage with a broader audience in the insurance sector. The recent funding will support these initiatives, further establishing AkinovA's footprint in the evolving landscape of insurance technology.

## Funding rounds

- Series C, Feb 1, 2021, $5.8M — Hiscox, Metropolis Ventures, FinTLV Ventures, XTX Ventures, MS&AD Ventures
- Series B, Sep 4, 2019, $0.9M — FinTLV Ventures
- Series A, Apr 19, 2019 — FJ Labs

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- FinTLV Ventures (https://capitalatlas.ai/funds/fintlv-ventures) — Series B, Series C
- Hiscox — Series C
- Metropolis Ventures (https://capitalatlas.ai/funds/metropolis-ventures) — Series C
- XTX Ventures (https://capitalatlas.ai/funds/xtx-ventures) — Series C
- MS&AD Ventures (https://capitalatlas.ai/funds/ms-ad-ventures) — Series C