Synch assists Insurely in series a financing

Synch has assisted the Swedish insurance-tech company Insurely in its recent Series A financing round of EUR 19 million, with, among others, American Insight Partners and Swedish Alfvén & Didrikson as new investors in the company.

Synch has assisted The Great Collective AB, the company operating under the Insurely brand, in its recent capital raise of EUR 19 million from Swedish and international investors. New owners in Insurely include Insight Partners and Alfvén & Didriksson. Existing owners such as Luminar Ventures, Philian and Neptunia Invest are also participating in the financing round.

Insurely’s open insurance platform gives insurers access to relevant data from the insurance market. Users include Avanza, ICA Försäkring, Lassie and Hedvig and the company is now facing an international expansion.

“Synch’s participation has been one of the key factors for us to reach the goal of the negotiations and the process around our A-round. The employees at Synch have worked quickly, efficiently, and professionally in every iteration with us and our new owners, and we are happy to work with them in this transaction”, says Martin Einemo, CEO and founder of Insurely.

Synch is an international law firm, focusing on digital business and technology. Synch is offering a flexible delivery model where Digital services complement the firm’s Advisory services, Projects & Transaction services as well as its Managed services. Synchs Projects & Transactions group are specialized in private and public M&A, venture capital investments and financing, especially in relation to technology.]

Synch offers legal services in four business areas – Advisory Services, Project & Transactional Services, Managed Services and Digital Services.

Synch’s team consisted of Emma Lundberg, Andreas Börjesson and Amila Briga with colleagues.

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