Insurtech firm Kayna raises €1m in pre-seed funding

Kayna, a Cork-based insuretech business, has raised €1 million in investment in a new pre-seed funding round co-led by Delta Partners and MiddleGame Ventures.

The company has been established by Paul Prendergast and Peter Bermingham, who previously founded Blink Parametic, which was acquired by British-based publicly listed insurance group CPP for €1 million just six months after it was established. The two also previously founded Inhance Technologies, which was bought by Blanco Technology Group, a ...