September is the start of the conference season and this year we kicked it off by presenting at InsureTech Connect (ITC) in Las Vegas. This year we were happy and grateful to be on the “breaking news” stage and announce a new round of funding for DFP. This is a US$4m investment which we have received from Eos Venture Partners and Pentech Ventures. We will be using the funding to further extend our tech team maintaining a product focus on data and insights. We will also concentrate on customer success, achieving deeper relationships with our existing and new partners.
Eos Venture Partners have a long history of working with us, since the founding partners backed us with their own money during our angel round. We’ve had a fantastic partnership since then, and in this round the flagship fund, Eos Venture Partners Fund I is investing directly in DFP. On behalf of the whole team, I’m both excited and humbled by the trust and belief our investors are placing in us. Now we are equipped with the resources needed to scale DFP into a truly leading company, all while positively impacting our clients and their customers.
It was also great to see existing investors Pentech Ventures follow on their 2018 investment in us, and that they are so impressed with our traction to date. In the next few months, we’ll be announcing new partnerships, new product launches and new members of the team.
With this traction and new investment, we will be turning our focus to serving our customers even more completely, for example through new product features such as renew module. Our recent engagement in the Lloyd’s Lab is off to a great start as well, so watch this space for new announcements in the next few months.
Onwards and upwards!
Written by: Erik Abrahamsson
CEO Digital Fineprint