Tech

Irish-founded Hometree raises $46m and acquires BeWarm

Backers of Simon Phelan’s home services and insurance company include Legal & General

Hometree CEO Simon Phelan: “We are moving away from being just a challenger in the UK home emergency insurance market, towards a residential energy services model”

Hometree, an Irish-founded home services and insurance company, has raised $46 million (€42 million) and acquired BeWarm , a financing platform, for an undisclosed sum.

The new fundraise was led by specialist energy and sustainability investors 2150 & Energy Impact Partners, alongside Legal & General Capital - the alternative asset platform for the £1.4 trillion financial services and asset management giant. Returning investors Inven Capital, Oxford Capital, and FJ Labs are joined for the ...