About Flock
Flock is a company based in London (United Kingdom) founded in 2015 by Antton Pena was acquired by Admiral Group in February 2026. It operates as a Subscription Services, and InsurTech. Flock has raised $58.76 million across 5 funding rounds from investors including Social Capital, Downing and Plug and Play Tech Center. The company has 65 employees as of March 31, 2024. Flock offers products and services including Fleet Insurance, Courier Fleet Insurance, and Taxi & PCO Fleet Insurance. Flock operates in a competitive market with competitors including Precision Autonomy, Coverdrone, FlyCovered, insure4drones and Droneguard Insurance, among others.
- Headquarter London, United Kingdom
- Employees 65 as on 31 Mar, 2024
- Founders Antton Pena
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flock Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$58.76 M (USD)
in 5 rounds
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Latest Funding Round
$38 M (USD), Series B
Feb 27, 2023
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Investors
Social Capital
& 22 more
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Employee Count
65
as on Mar 31, 2024
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Acquired by
Admiral Group
(Feb 12, 2026)
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Products & Services of Flock
Flock offers a comprehensive portfolio of products and services, including Fleet Insurance, Courier Fleet Insurance, and Taxi & PCO Fleet Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fleet insurance is provided for various fleet types.
Insurance is offered for courier fleets like Amazon.
Coverage is provided for taxi and PCO fleets.
Unlock access to complete
Funding Insights of Flock
Flock has successfully raised a total of $58.76M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $38 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $38.0M
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First Round
First Round
(11 Feb 2016)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series B - Flock | Valuation | Octopus Ventures , CommerzVentures | |
| Jun, 2021 | Amount | Series A - Flock | Valuation | Social Capital | |
| Apr, 2018 | Amount | Seed - Flock | Valuation | Anthemis Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flock
Flock has secured backing from 23 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Social Capital, Downing and Plug and Play Tech Center. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to FinTech startups by CommerzVentures.
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Founded Year | Domain | Location | |
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US focused VC firm investing in seed & growth stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flock
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flock
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flock Comparisons
Competitors of Flock
Flock operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Precision Autonomy, Coverdrone, FlyCovered, insure4drones and Droneguard Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based drone inspections are provided for insurers and brokers.
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| domain | founded_year | HQ Location |
Offers drone insurance policies and safety apps for operators globally.
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| domain | founded_year | HQ Location |
Operates an online platform for drone and aviation insurance services.
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| domain | founded_year | HQ Location |
Specializes in insurance coverage for drones.
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| domain | founded_year | HQ Location |
Operates an online platform for drone insurance services, offering tailored coverage for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flock
Frequently Asked Questions about Flock
When was Flock founded?
Flock was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Flock located?
Flock is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Flock a funded company?
Flock is a funded company, having raised a total of $58.76M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.21M, raised on Feb 11, 2016.
How many employees does Flock have?
As of Mar 31, 2024, the latest employee count at Flock is 65.
What does Flock do?
Fleet insurance is offered by Flock for a wide range of commercial fleets, including courier, taxi, and rental fleets. Coverage is tailored to different sectors with flexible options like comprehensive or third-party plans. Digital tools are utilized to manage policies, reduce administrative burdens, and provide real-time safety insights. Solutions are designed to reward safer driving with premium rebates, ensuring cost efficiency. Support is extended through personalized workshops and accessible customer service channels.
Who are the top competitors of Flock?
Flock's top competitors include Precision Autonomy, Coverdrone and FlyCovered.
What products or services does Flock offer?
Flock offers Fleet Insurance, Courier Fleet Insurance, and Taxi & PCO Fleet Insurance.
Who are Flock's investors?
Flock has 23 investors. Key investors include Social Capital, Downing, Plug and Play Tech Center, Admiral Group, and Anthemis Group.
What is Flock's valuation?
The valuation of Flock is $734.66K as of Feb 2016.