– Per mile insurance, on demand for things you can ride fly or sail – fleets, drones, bikes, light plans, motorcycles, escooters
– Also developed VOOM CORE, an end-to-end platform that provides superior, telematics-based risk analytics, a modern, born-in-the-cloud policy admin system, and a suite of effective distribution tools for direct distribution, brokers, and APIs for embedded insurance.

Novee AI Raises £1.6M to Build Intelligence Layer for Commercial and Specialty Underwriting
Novee AI, a London-based insurtech startup, has secured £1.6 million in pre-seed funding to develop its AI-powered risk assessment platform for commercial and specialty insurance. The round was led by early-stage B2B SaaS investor 42Cap, with additional backing from Insurtech Gateway, a prominent investor in insurance technology.