Konsileo raises £4.7m

Konsileo, a commercial insurance broker and risk management advisor, has raised £4.7 million in Series A funding led by Committed Capital, with participation from ACF Investors, and several angel investors.

Founded in 2015, the UK-based company serves a variety of sectors such as construction, manufacturing, and real estate. According to LinkedIn, Konsileo grew from 33 employees in July 2020 to 75 employees in July 2022.

“Konsileo’s model is based on several key principles. We believe trusted advisers are more important to clients than broking brands, that data-driven advice is highly valued, and that broker data can ultimately add more value than insurer-only data. Those principles led us to create our own broking system from scratch. But it’s not just our tech or our outlook that’s innovative. We run Konsileo as a workplace for the future, with an explicitly designed, modern culture that has no hierarchy but supports professional excellence and collaboration.” – Konsileo CEO and co-founder John Warburton.