DataFolio raises €2.2M from Italian investors
Datafolio, a Lille, France-based software developer used for risk analyzing in the insurance business, announced that it secured a seed round which brings its total raise to over € 2.2 million ($2.7M)
The money was raised from investors in the European insurance and technology sector, including the Italian executive Valerio Caracciolo.
The new round will allow Datafolio to develop beyond its own technology, the acceleration of the implementation of its products in the three main business markets: France, Italy and Germany.
Datafolio, founded in 2020 by Yuri Narozniak, Emmanuel Pierron and Arnaud Rofidal , has developed a platform that provides risk prevention and protection solutions, to be integrated into the applications of non-insurance partners, with a cutting-edge service and at marginal costs thanks to its usage-based models charged in real time according to risk exposure. Its services are made available on a mobile app proposed by its distribution network, or in B2B2C through affinity groups and also in B2B thanks to the integration of its analytics and transactional modules in the digital ecosystems of its partners.