# Loro Insurtech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/loro-insurtech

- Industry: Software
- Headquarters: Dover, US
- Website: www.loroinsurance.com/
- Total disclosed funding: $1.9M
- Latest round: Seed (Jul 16, 2025)
- Investors on record: 1

## About

Based in Delaware, US, and founded in 2021, Loro Insurtech Inc operates as a software development firm that offers insurance companies, managing general agencies and brokers to transact business online. In June 2023, Loro raised USD 750,000 in seed funding led by Markd. As of 2023, the company is led by its CEO Peter Tilbrook.

The company offers insurance technology solutions to its clients which include a quote-bind portal and offers various features with the help of the toolbox. The platform helps in reporting, API, payments, claims, and overdue management. It helps in the digitization of insurance products.

The firm generates its revenue on a commission basis. It charges clients 1 percent of gross written premium (GWP) when it is between USD 100k to USD 25 million, and 0.10 percent of gross written premium (GWP) for more than USD 25 million in GWP.

The company plans to use the June 2023, funding to expand the team, accelerate product innovation, and drive adoption among insurers.

## Funding rounds

- Seed, Jul 16, 2025, $1.1M — Markd
- Seed, Jun 1, 2023, $0.8M — Markd

## Investors

- Markd (https://capitalatlas.ai/funds/markd) — Seed