Delta investment in Kayna
Kayna, the award-winning embedded insurance infrastructure platform, has closed a €1 million pre-seed funding round. Co-led by Delta Partners (Ireland) and MiddleGame Ventures (pan-European) with participation from Aperture (Switzerland) and InsurTech Fund – an affiliate of InsurTech NY (USA), the funding comes as the company accelerates market development efforts into the United Kingdom and United States.
Providing technology and data orchestration between insurance carriers, brokers, and any vertical software-as-a-service (SaaS) platform, Kayna drives top-line growth for vertical SaaS providers while providing relevant insurance to underserved SMBs. The global vertical SaaS market serves millions of businesses and consumers, each with a diverse set of needs. Embedded insurance is forecast to reach US$722 billion in gross written premium by 2030, according to InsTech London.
Read all about it here.