This is the Superscript pitch deck to raise a $10m series-a round in 2020.
About
Superscript provides business insurance designed specifically to meet the fast-changing needs of small businesses. Underpinned by proprietary technology, expertise in emerging risks and threats, and partnerships with some of the world’s biggest underwriters, it delivers bespoke, subscription-based insurance cover for all types of risk. Superscript shapes business protection around businesses’ individual needs, from essential cover through to complex risks. It delivers a personalised customer experience that supports the ever-evolving needs of small to medium-sized businesses.
Insurance tech startup Superscript recently raised $10.4 million in a new funding round.
The Series A was backed by early-stage investor Seedcamp, which is known for investing in firms like Revolut and Hopin. BHL Holdings, Concentric, and Beazley also joined the round.
London-based Superscript, which was previously known as Digitial Risks when it was founded in 2015, wants to become a leader in the global small- and medium-enterprise (SME) insurance market. The SME sector makes up around a third of commercial insurance premiums, according to consulting group BCG, in a market worth close to $1 trillion globally.
Over the past five years, Superscript has built a sizeable book of corporate partners, including Starling Bank, Crowdcube, and fitness and beauty marketplace Urban.
“Our approach looks at every insurance cover from a new perspective,” said CEO Cameron Shearer. “Rather than asking what risks we’re willing to cover, we ask what businesses need and then find the solution.”
Funding rounds
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Announced Date
|
Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Oct 29, 2020 | Series A – Superscript | 5 | £8.5M | BHL Holdings |
| Feb 26, 2020 | Series A – Superscript | 5 | $10.4M | BHL Holdings |
| Jul 16, 2018 | Seed Round – Superscript | 5 | £2.3M | Concentric |
| Jun 26, 2017 | Seed Round – Superscript | 1 | — | Earlymarket |
| Jun 1, 2015 | Seed Round – Superscript | — | — | — |
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