Insurance data intelligence provider, Percayso Inform, today announces that it has exceeded its crowdfunding target, raising £437,133 in total.

This first crowdfunding campaign by the firm on Seedrs was oversubscribed by 9%, attracting 274 investors from the insurance and tech industries as well as private individuals.

Managing Director, Richard Tomlinson, comments: “Having launched just a year ago, we’re incredibly proud of what we’ve achieved in such a short space of time – particularly against the backdrop of a global pandemic! As we look to embark on our next phase of growth, we wanted to provide eager investors with the opportunity to join us on our journey. We’re a small team and firmly believe in building a community of supporters and advocates, so we’re delighted by the response that we’ve received.”

Percayso Inform provides insurers and brokers in high-volume personal lines business with access to a wide range of data sources, allowing them to form a more comprehensive view of their customers. Percayso’s technology aggregates the data from different partners, allowing intelligence to be accessed with a simple API call at significant volume.

“Good data is the difference between winning and losing in the hyper-competitive insurance market,” concludes Tomlinson. “We have built the platform, the partner network and the strategy to enable insurers and brokers to make a step change in their customer insight, the risk they present and their true value. Given the number of clients and partners that we have brought on board in just 12 months, it’s clear that we’re delivering the solution that many have been looking for.”