The Next Web
London-based insurtech startup Laka has raised $10.4mn in Series B funding as it eyes profitability at the end of next year. Laka offers “collective” insurance for bikes and e-scooters, pooling claims across a community of riders. Instead of fixed, upfront premiums, customers pay a variable monthly fee based on the total number of claims across the entire user base…
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Exclusive: Investors bet $10M that Laka’s ‘collective insurance’ can fix bike coverage
London-based insurtech startup Laka has raised $10.4mn in Series B funding as it eyes profitability at the end of next year. Laka offers “collective” insurance for bikes and e-scooters, pooling claims across a community of riders. Instead of fixed, upfront premiums, customers pay a variable monthly fee based on the total number of claims across