Lovys offers online insurance products for homes, cars, pets and smartphones with a digital-first approach aimed at younger customers. The company says its number of policyholders is currently about 20,000 and it aims to reach 100,000 within a year. Lovys plans to use recent funding to expand internationally, grow its team and improve customer experience. Founded in 2017 by João Cardoso, the startup positions itself as a transparent, simple alternative to traditional insurers. The company previously raised €3.3 million in seed funding in 2019.

Total raised

$21M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2021