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Status: Active

Sep 14th 2020 - Oct 24th 2020

35 days left

Rnwl is aiming to be the first ever over-the-top insurance platform. The company asserts that conventional insurance companies rely on a lead generation business model that is archaic and inefficient. These result in a customer's insurance options becoming an expensive and time-consuming affair. Rnwl is endeavouring to simplify this. Users can enter their credentials and requirements on the Rnwl website. The company will analyse the market and suggest the best deals for the user. Rnwl has been accepted into the Financial Conduct Authority (FCA's) Innovation Hub. It will use 74% of the investment in human resource, 14% in marketing, and 12% as operational costs.

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pledged: 118% days to go: 14 investment: £1,308,369

  • £181,501
    pledged
  • 121%
    of goal

    £150,000
    target

    £3,804,692
    pre-money valuation

    3.79%
    equity available

    333
    investors

    £545
    pledge per investor

    12091439
    company number

    Active
    company status

    08/07/2019
    incorporated 1 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Previous Funding rounds
    14 Sep 20 Seedrs £181,501 / 121%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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