Neos secures backing from Aviva and Munich Re

The home insurance start-up Neos has secured a £5.0mn ($6.5mn)
investment in a Series A funding round led by Aviva Ventures and
that includes Munich Re, which is providing underwriting capacity.
The deal gives Aviva access to Neos's Internet of Things
technology, which allows for the live monitoring of insured
property, Neos said yesterday.
The capital injection follows an earlier investment by Zoopla
operator ZPG in November 2016.
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