# Jove Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jove-technology

- Industry: Insurance
- Headquarters: London, UK
- Website: www.jove.co
- Total disclosed funding: $4.6M
- Latest round: Seed (Oct 22, 2024)
- Investors on record: 7

## About

Based in London, UK, and founded in 2021, Jove Technology Limited, a.k.a. Jove operates as an insurance company that focuses on providing flexible and borderless insurance solutions tailored for gig workers, contractors, and small to medium-sized enterprises (SMEs). In November 2024, Jove Technology Limited raised GBP 3.6 million in seed funding led by Explorer Investment, with participation from New Alpha Asset Management, Love Ventures, Portfolio Ventures, Start Ventures, and Seed X Liechtenstein.

Jove Technology offers a range of insurance solutions designed for gig workers, contractors, and small to medium-sized enterprises (SMEs). The company’s platform provides flexible insurance coverage that can be activated, paused, or adjusted as needed. The products include professional indemnity, public liability, employer liability, and personal accident insurance. Jove’s services also feature project-specific insurance and global client coverage, enabling clients to work internationally. The platform allows users to receive instant quotes and offers monthly subscriptions with no additional financing costs. Other products in development include goods in transit, health insurance, and sickness cover.

The company plans to use its proceeds from November 2024 funding to expand its operation, further develop its product and automation process.

## Funding rounds

- Seed, Oct 22, 2024, $4.6M — Explorer Investments, NewAlpha Asset Management, Seed X Liechtenstein, Portfolio Ventures, Love Ventures, Exceptional Ventures, Start Ventures

## Investors

- Explorer Investments (https://capitalatlas.ai/funds/explorer-investments) — Seed
- NewAlpha Asset Management (https://capitalatlas.ai/funds/newalpha-asset-management) — Seed
- Seed X Liechtenstein (https://capitalatlas.ai/funds/seed-x-liechtenstein) — Seed
- Portfolio Ventures (https://capitalatlas.ai/funds/portfolio-ventures) — Seed
- Love Ventures (https://capitalatlas.ai/funds/love-ventures) — Seed
- Exceptional Ventures (https://capitalatlas.ai/funds/exceptional-ventures) — Seed
- Start Ventures (https://capitalatlas.ai/funds/start-ventures) — Seed