– Auto insurtech, mobile-based, brokerage
– Helps people with limited insurance histories easily obtain lower-cost policies, regardless of language preference or risk profile (quotes that are bilingual etc)

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.