The company, which specialises in mid-market advised insurance solutions for small, medium, and mid-corporate businesses, has rapidly grown to a team of 160 employees nationwide.
John Warburton, co-founder and CEO, commented: “Konsileo is going from strength to strength. Putting brokers at the heart of our organisation – and designing the best working practices and technology to support them to do their best work for their clients – resonates with talented professionals and clients alike. This latest investment gives us additional firepower to keep growing our award winning commercial broking organisation. We’re delighted to have the support of Growth Lending, Committed Capital, and ACF investors.”
Konsileo serves a diverse range of industries, including construction, logistics, agriculture, and recycling. The company prides itself on fostering a unique workplace model focused on self-management, collaboration, and employee satisfaction.
Avoiding traditional corporate hierarchies, Konsileo uses a proprietary technology platform to streamline operations and enhance productivity. This platform facilitates real-time compliance checks, enables brokers with different specializations to collaborate effectively, and supports a whole-market search approach for securing the best quotes for clients. The platform also provides detailed data capture and e-trade capabilities to present insurers with comprehensive client profiles.
Kimberly Martin, Managing Director at Growth Lending, said: “We are pleased to support Konsileo as it continues on an exciting growth journey. The firm stands out for all the right reasons, with a clearly differentiated proposition in a thriving commercial broking market, alongside proprietary technology that underpins its growth strategy. This, plus a strong and ambitious management team and supportive equity investors, is a winning combination.”
Over the past year, Konsileo has grown by two-thirds, reaching £12 million in revenue and managing over £60 million in gross written premiums on a run-rate basis. The £8 million fundraise combines debt and equity financing, with participation from long-term shareholders Committed Capital and specialist growth lender ACF Investors Growth Lending.
Committed Capital Chief Executive Steve Harris said: “Konsileo has become a rarity in the commercial insurance broking sector. It has delivered strong organic growth on a highly capital efficient model. It has reached scale without acquisitions and without compromising on integrity and culture. We think the Company is poised to deliver strong revenue growth over the foreseeable future. We’re delighted with progress and proud to continue our support of the business.”
The new funding will be used to accelerate recruitment efforts, attract top-tier broking professionals, and continue advancing its technology platform. Konsileo’s innovative business model aims to redefine the brokerage landscape, delivering superior value to clients while ensuring brokers are among the most satisfied and well-rewarded in the industry.
Tim Mills, Managing Partner, ACF Investors said: “Konsileo is transforming commercial broking by bringing much needed innovation to the market. Their scalable platform approach puts cutting-edge product tools in the hands of brokers and allows the company to deliver outstanding results for its clients.”
He added: “Since our initial investment in 2022, the business has shown strong growth and we look forward to working with John and the team to support this next phase of expansion.”
