Percayso is a Business-to-Business (B2B) insurance technology entity that aims to become a contender in the £220 billion per year UK insurance industry. The company claims that conventional methods of finding the best insurance premiums has its share of hurdles. Percayso intends to change this. It points out that its portal allows users to find relevant premiums, reduce chances of fraud and increase profit, all in a transparent layout. The company has already signed four clients. It argues that it has a strong pipeline of 25+ opportunities and aims to convert at least 50% of these. It will use 45% of the investment for platform development, 20% for third party integrations, 20% as working capital, 10% for product and international development, and 5% for marketing and networking.
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Percayso Rating Review
Pitch rating powered by CROWDRATING™
Rated on 02/03/2021
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£20,022,184
pre-money valuation
1.96%
equity available
270
investors
£1,619
pledge per investor
10507204
company number
Active
company status
01/12/2016
incorporated 8 years
Previous Funding rounds
15 Apr 24 | Seedrs | £437,134 / 109% | 52.67% |
News
Percayso and TransUnion partner on consumer data - Research Live
23/04/2024 Research Live
Percayso partners with TransUnion - BusinessCloud
19/04/2024 BusinessCloud
Percayso inks deal to distribute more credit data to insurance firms - Insurance Times
19/04/2024 Insurance Times
Principal Insurance partners with Percayso Inform to enhance consumer behaviour data - Insurance Business
18/01/2024 Insurance Business
Percayso Inform, a UK-based Insurance analytics firm raises £2.7m - IBS Intelligence
04/08/2023 IBS Intelligence
Percayso Inform completes £2.7m fundraise led by industry veteran Neil Utley - Reinsurance News
27/07/2023 Reinsurance News
Ex-Hastings boss Utley on Percayso investment and the state of UK motor market - Insurance Age
02/11/2023 Insurance Age
Insurance analytics firm Percayso Inform raises £2.7m - UKTN (UK Technology News
27/07/2023 UKTN (UK Technology News
UK-based Percayso Inform raises €3.14M for its insurance intelligence platform - Silicon Canals
31/07/2023 Silicon Canals
Insurance intelligence firm Percayso Inform nets £2.7m - fintech.global
27/07/2023 fintech.global
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