Stubben Edge Secures £4m In Funding

Stubben Edge helps independent brokers do business differently in order to meet the challenges of the digital age. Combining a powerful mix of technology and niche products, alongside a GDPR database of over 12 million clients that brokers can access.

Following substantial client wins and having successfully secured £4 Million of further financing, the business is expanding to provide additional financial services for brokers to sell. Dowgate Capital has led the investment round with participation from Lloyd’s names and Nigel Wray.

The investment will help Stubben Edge expand its sales and marketing efforts as well as broaden and accelerate product development.

Dowgate Capital invest in diverse range of high-quality growth companies with a bias towards those involved in technology and media, identifying companies with strong management teams who hold meaningful equity stakes in their businesses which aligns them closely to the interests of all shareholders.

Dowgate commented;

“What struck us from the outset was how compelling the proposition was for both broker and underwriter alike by combining technology and products. Stubben Edge has been able to unlock significant value within the industry. We are pleased to be able to support their continued growth.”

Chris Kenning, CEO of Stubben Edge comments that the “It has been fantastic to see the achievements of our broker clients during COVID-19 and this fundraising allows us to invest further in supporting their continued growth and success. We think the future of the UK broking market is bright and its role will be important for the UK economy.”

About Stubben Edge

Stubben Edge provides Brokers with a way to “Start, Run and Grow” their business. Stubben Edge’s business-in-a-box technology can have a broker up and running in 24 hours and provides a plethora of features and services for regulated businesses allowing them to run more efficiently and grow by providing the technology and niche products they might otherwise struggle to develop themselves.

About alastair walker 12560 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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