Green Mobility Insurer Laka Targets Profitability with £7.75m Raise

InsurTech Laka Raises €8.8M to Scale Green Mobility Insurance in Europe and UK

InsurTech Laka, the UK-based green mobility insurance platform, has announced a €8.8 million Series B funding round aimed at expanding its presence across nine EU countries and the UK. The round was backed by a mix of existing and strategic investors, including Ponooc, Achmea Innovation Fund, Porsche Ventures, CoreWeave, Autotech Ventures, and MS&AD Ventures, among others. Founded in 2017, Laka is redefining insurance for e-bikes, e-scooters, an…

Green mobility insurer Laka targets profitability with £7.75m raise

Green mobility insurer Laka is targeting profitability after raising £7.75m in Series B funding. The London firm has evolved from a cycle insurer into a multi-vertical green mobility platform covering e-bikes, e-scooters and sustainable transport across nine EU markets and the UK. Laka’s main offering is collective-driven insurance – with its flagship product being bike, e-bike and e-cargo bike insurance – alongside other products such as person…

Laka Raises $10.4 Million Series B to Accelerate Path to Profitability - and to Drive Growth as Europe’s Leading Green Mobility Insurer

Laka has raised $10.4 million in its most recent Series B round. This Laka Series B Funding boost helps the company reach its goal of becoming Europe’s top green mobility insurer while progressing toward profitability. Laka, the award-winning European green mobility insurance firm, announces today a Series B round of $10.4 million, cementing its role as the category-defining insurer for e-bikes, e-scooters, and sustainable transport across nine …

Green mobility insurtech Laka lands £7.7m round

Laka, a London-based insurtech business specialising in green mobility, has announced a Series B fundraise of £7.7m. The firm provides insurance services across a variety of sustainable transport methods, with its flagship product covering bikes, e-bikes and e-cargo bikes. Laka offers a collective-driven insurance model, meaning each month’s claims are shared amongst its collective of cyclists. With an initial focus on cyclists, Laka has more re…

Top insurtech funding rounds, June 2025

There were about 50 funding events in the insurtech sector between June 1 and June 30, 2025, according to a review by Digital Insurance.