About Neos Insurance
Neos Insurance is a company based in London (United Kingdom) founded in 2016 was acquired by Sky in June 2021.. Neos Insurance has raised $7.7 million across 2 funding rounds from investors including Sky, Aviva and Munich Re. The company has 45 employees as of December 31, 2021. Neos Insurance operates in a competitive market with competitors including Ring Labs, Ooma, Wyze, Canary and Kangaroo, among others.
- Headquarter London, United Kingdom
- Employees 45 as on 31 Dec, 2021
-
Sectors
Industrial Goods & ManufacturingTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Neos Ventures Limited
- Date of Incorporation 08 Jan, 2016
- Jurisdiction ISLEWORTH, MIDDLESEX, UNITED KINGDOM
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Neos Insurance
Neos Insurance has successfully raised a total of $7.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.48 million completed in May 2017. 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 2
- Last Round Series A — $6.5M
-
First Round
First Round
(19 Oct 2016)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2017 | Amount | Series A - Neos Insurance | Valuation |
investors |
|
| Oct, 2016 | Amount | Seed - Neos Insurance | Valuation | Eos Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Neos Insurance
Neos Insurance has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Sky, Aviva and Munich Re. 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 |
|---|---|---|---|---|
|
Eos Venture Partners is focused on insurance technology investments.
|
Founded Year | Domain | Location | |
|
Insurance and asset management services are offered in multiple regions.
|
Founded Year | Domain | Location | |
|
Platform offering insurance risk management solutions
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Neos Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Neos Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neos Insurance Comparisons
Competitors of Neos Insurance
Neos Insurance 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 Ring Labs, Ooma, Wyze, Canary and Kangaroo, 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 video surveillance systems are provided for security monitoring.
|
|
| domain | founded_year | HQ Location |
Cloud-based business telephony and home security services are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based smart security cameras are manufactured for video surveillance.
|
|
| domain | founded_year | HQ Location |
Safety sensor devices for home monitoring are provided.
|
|
| domain | founded_year | HQ Location |
Security solutions for residential buildings are developed.
|
|
| domain | founded_year | HQ Location |
Cloud-based smart security cameras are developed for video surveillance.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Neos Insurance
Frequently Asked Questions about Neos Insurance
When was Neos Insurance founded?
Neos Insurance was founded in 2016.
Where is Neos Insurance located?
Neos Insurance is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Neos Insurance a funded company?
Neos Insurance is a funded company, having raised a total of $7.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.22M, raised on Oct 19, 2016.
How many employees does Neos Insurance have?
As of Dec 31, 2021, the latest employee count at Neos Insurance is 45.
What does Neos Insurance do?
Neos Insurance was founded in 2016 in London, United Kingdom, within the insurance and smart home technology sector. An online platform is operated to insure smart home devices. Users are alerted to potential issues like break-ins, fires, or water leaks through integrated technology. Home insurance coverage is provided exclusively via partnerships with insurers, focusing on UK-based operations.
Who are the top competitors of Neos Insurance?
Who are Neos Insurance's investors?
Neos Insurance has 8 investors. Key investors include Sky, Aviva, Munich Re, Eos Venture Partners, and Gary Lineker.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.