Kayna, founded in 2021 by CEO Paul Prendergast and CTO Peter Bermingham, has built an infrastructure layer that allows vertical SaaS platforms serving small businesses—such as restaurants, franchise networks, construction firms, and field-service operators—to embed insurance offerings directly into their workflows. The company simplifies distribution for insurers and unlocks ancillary revenue for software vendors by integrating underwriting, policy issuance, and claims into existing software stacks. During its pre-seed phase (2023–2025) Kayna partnered with global broker Willis Towers Watson and launched live embedded insurance programs in the UK and US across cyber, equine, and security verticals, including a February 2026 launch with Belfry for the physical-security industry. It also rolled out an AI toolkit that automates insurance-policy analysis. Headquartered in Cork’s Penrose Wharf, Kayna has committed to creating 13 new roles and has already made senior hires in Ireland and the United States. The company’s near-term focus is expanding commercial operations in the UK and US markets, funded by its new seed capital. No revenue or user figures were disclosed in the article.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Mar 2026