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Hedosophia led a $50m Series A round in NEAT Protect.

Synopsis

Hedosophia, a global investment firm, led a $50m Series A round in NEAT Protect, the next-gen embedded insurance providing white label and tailor made insurance solutions to merchants, with participation from Mundi Ventures, ETFS Capital and Athletico Ventures. Founded in 2022, Neat’s approach focuses on integrating insurance at the point of sale. It offers over 40 products, including cancellation, theft, breakage, loss insurance, and extended warranties across over 10 sectors (bank cards, high-tech, household appliances, travel, audio-medical devices, tools, event tickets, mobility, etc.).

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