FundedIQ
Financial Services

Insly: Funding, Investors & Team (Sep 2026)

Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users. Insly is a spin-off from IIZI Group – most successful insurance broker group in CEE region starting from 2000. Their core team consists of the founders and key employees of IIZI Group, who contributed to revolutionising the insurance business with their innovative and business focused IT solutions. Insly was launched in 2000 in London, United Kingdom.

insly.com LinkedIn London, United Kingdom 51-100 employees
Total raised
$2.9M
Rounds
2
Latest
Undisclosed round
Nov 2023

Insly has raised $2.9M across 2 funding rounds on record, the most recent an undisclosed round of $1.8M announced in Nov 2023.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Insly Company Profile and Key Stats

Total funding raised
$2.9M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$1.8M in Nov 2023
Employees
51-100
reported band
Headquarters
London, United Kingdom

Latest funding round on record: Nov 2023.

Insly Funding Rounds

Date
Round
Amount
Undisclosed round
$1.8M
Convertible Note
$1.1M

Insly raised $1.1M in a Convertible Note announced in Sep 2022.

1.2 years later, an undisclosed round of $1.8M was announced in Nov 2023.

Insly Founders and Leadership Team

Name
Role
Contact
Risto Rossar
CEO
Locked

Contact details for the Insly team: 1 of 1 has an email address on file.

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Insly Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Insly's latest round of $1.8M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Insly Funding FAQs

What does Insly do?

Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users. Insly is a spin-off from IIZI Group – most successful insurance broker group in CEE region starting from 2000. Their core team consists of the founders and key employees of IIZI Group, who contributed to revolutionising the insurance business with their innovative and business focused IT solutions. Insly was launched in 2000 in London, United Kingdom.

How much funding has Insly raised?

Insly has raised $2.9M across 2 rounds on record. The most recent is an undisclosed round of $1.8M announced in Nov 2023.

When did Insly last raise funding?

Insly's most recent funding round on record is an undisclosed round of $1.8M, announced in Nov 2023.

Who is the CEO of Insly?

Risto Rossar is listed as CEO at Insly.

Where is Insly headquartered?

Insly is based in London, England, United Kingdom.

How many employees does Insly have?

Insly is in the 51-100 employee band.

How does Insly's funding compare to other Financial Services startups?

Insly's latest round of $1.8M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Insly Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Insly is left off this page rather than filled in.

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