Jove Raises £3.6M to Expand AI-Powered Insurtech Platform
Jove specializes in empowering remote professionals and businesses to operate without geographic constraints.
Company Name: Jove
Location: London, UK
Industry: Insurtech
Funding Details:
- Amount: £3.6M in Seed funding
- Investors: Explorer Investments (lead), Seed X, Love Ventures, Portfolio Ventures, New Alpha Asset Management, Exceptional Ventures, and Start Ventures
Purpose of Investment:
The funds will accelerate product development, enhance automation, and scale operations to meet growing demand.
Product:
Jove provides a fully digital, AI-powered insurtech platform offering tailored, subscription-based business insurance for contractors, consultants, and small businesses in the UK, Europe, and the USA. Key features include:
- Borderless global insurance coverage designed for remote workforces.
- AI-powered insurance validation integrated with ATS and HRIS platforms, delivering instant insurance verification, compliance assurance, and streamlined administrative workflows.
About the Company:
Jove specializes in empowering remote professionals and businesses to operate without geographic constraints. Its solutions are trusted by major global recruitment firms and MSPs like InterEx, Magnit, Remote, and Hays, as well as mobility platforms like Shiply. The company’s innovative approach is reshaping how businesses manage risk in a global, remote-first economy.
