InsurTech Loxa secures £1.69m funding in seed round

Quick Summary:

InsurTech Loxa has raised £1.69m in a seed round.

Through the funding round, the firm raised £125,000 from the Angel Investment Network.

The process can be fraught but partnering with the right investors, like those we found through AIN, makes all the difference.“We’re excited to use these funds to scale Loxa, execute our ambitious plans, and get this business motoring towards profitability.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: Investment InsurTech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 14:57:23 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 300 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 28495675

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Official Website: businesscloud.co.uk

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