# Wrisk: Insurance, London, United Kingdom

> Wrisk: Wrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector.

Source: https://millionrounds.com/startup/wrisk (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Insurance startup](https://millionrounds.com/companies)

# Wrisk

Wrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector.

Funding reported Last round: Undisclosed round

Insurance London, United Kingdom

Company summary

- **Founded:** 2016 10 years old
- **Team:** 96 51 to 200 people
- **Funding reported:** 16.4M as listed, currency not stated
- **Last round:** Undisclosed round Jun 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Wrisk has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Wrisk

Wrisk is a London-based insurtech company founded in 2016, specializing in embedded insurance technology for the automotive OEM sector.

It operates as the only independent platform of its kind, authorized by the Financial Conduct Authority (FCA) in the UK. Wrisk utilizes a cloud-based infrastructure and offers integration options through its API, enabling brands to generate online car insurance quotes at the point of sale. The company provides a customizable platform that allows partners to create tailored insurance experiences using real-time data analytics and machine learning. Key offerings include an embedded insurance platform for instant online policy quoting, a Platform-as-a-Service (PaaS) model, mobile-first insurance solutions, and usage-based insurance products that leverage telematics. Wrisk also delivers personalized advisory services to enhance customer engagement. With a focus on the automotive industry, Wrisk collaborates with various manufacturers and insurers, including notable partners like BMW, RAC, and Allianz.

## What company datasets say Wrisk raised

Funding, as reported

Reported in all **16.4M** in the source's currency

Rounds **9**

Last round **Undisclosed round**

Last round size **16.3M**

Last round date **Jun 2023**

Investors listed **15**

## Funding filed with regulators

Wrisk filed 10 raises, $24M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2025 **$16M** UK share allotment
- May 2024 **$1.3M** UK share allotment
- Jan 2024 **$444K** UK share allotment
- Dec 2023 **$1.9M** UK share allotment
- Dec 2023 **$154K** UK share allotment
- Dec 2023 **$1.3M** UK share allotment
- Dec 2023 **$943K** UK share allotment
- Sept 2022 **$369K** UK share allotment
- Apr 2022 **$1.3M** UK share allotment
- May 2021 **$370K** UK share allotment

## Founders and team

From Wrisk's own website: 2 founders, 4 on the team.

**Darius Kumana** Co-Founder & Chief Product Officer

**Niall Barton** Co-Founder & Executive Chairman

- **Nimeshh Patel** Chief Executive Officer
- **Shiv Bhaduri** Chief Operating Officer & CDO
- **Robert Cottrell** VP Commercial Development UK
- **Stephan Ruby** Managing Director Wrisk Europe

## On 5 portfolio pages

Investors who name them

- [Volution](https://millionrounds.com/fund/volution)
- [Concept Ventures](https://millionrounds.com/fund/concept-ventures)
- [Cell Rising Capital](https://millionrounds.com/fund/cell-rising-capital)
- [QBN Capital](https://millionrounds.com/fund/qbn-capital)
- [Flow Capital](https://millionrounds.com/fund/flow-capital)

Each firm lists Wrisk on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

api customer engagement real-time data sources distribution computer & network security insurtech enterprises information technology & services insurance financial services finance automotive insurance digital insurance real-time analytics suite telematics data enterprise software

Built with from their website

Docker Amazon SES Google Tag Manager Amazon CloudFront WebRTC Google Cloud MailChimp Google Workspace CloudFlare Viewport Meta

+8 more

CSS STUDIO Amazon Simple Email Service Hubspot Atlassian Confluence PostgreSQL CircleCI Webflow Hosting

- **Sector:** Insurance
- **Industry code:** NAICS 524210, 513210, SIC 6361, 6411, 7372
- **Region:** England
- **Revenue:** 78.9M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/wrisk)

## Insurance in United Kingdom

Startups like it

- [**Zego** London · founded 2016 *Raised*](https://millionrounds.com/company/zego)
- [**Cuvva** London · founded 2015 *Raised*](https://millionrounds.com/company/cuvva)
- [**YuLife** London · founded 2016 *Raised*](https://millionrounds.com/company/yulife)
- [**Ki** London · founded 2020](https://millionrounds.com/startup/ki)
- [**ManyPets** London · founded 2017](https://millionrounds.com/startup/manypets)
- [**Gryphon Group Holdings Limited** founded 2016](https://millionrounds.com/startup/gryphon-group-holdings-limited)
- [**Envelop** Bristol · founded 2016](https://millionrounds.com/startup/envelop-3)
- [**Superscript** London · founded 2015](https://millionrounds.com/startup/superscript)

## Is this your company?

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