See other companies on Welcome to the Jungle

Flock

Real-time, data-driven insurance solutions for connected vehicle fleets

Flock logo
21-100 employees
  • Fintech
  • B2B
  • Insurance
  • Big data
  • SaaS
Spitalfields, London, UK

Company mission

To make the world quantifiably safer with connected fleet insurance that enables and incentivises safer driving.

Top investors

28% female employees

82% employee growth in 12 months

Our take

Flock was originally founded to focus on providing insurance for drone trafficking, an untapped area of aviation insurance. While the company is exploring other untapped niches in transportation insurance, such as autonomous vehicles, it's primary focus is commercial fleets.

The company believes that traditional insurance isn't growing fast enough to cover certain niche areas, and this is where Flock comes in. The company wants to be the bridge between the insurance of today and the transportation of tomorrow. Its service suites are unique in that the insurance cover is only triggered in vehicles in motion. This is made possible by hooking into the telematics of the cars.

The company has already currently partners with big-name brokers, underwriters and telematics providers. It has managed to bag several big names as customers such as Onto and Land Rover. Flock's foresight has been rewarded with significant funding and enough backing to disrupt the $160 billion motor insurance industry. The company is focused on further building out its data tools to continue providing invaluable data insights.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Cycle-to-work scheme
  • Generous budget for books, courses and conferences
  • 25 days holiday (excl. bank holidays)
  • Work from home opportunities
  • Video therapy sessions through Spill, to support positive mental health

Funding (last 2 of 6 rounds)

Feb 2023

$38m

SERIES B

Jul 2021

$17m

SERIES A

Total funding: $59.4m

This company has top investors

Leadership

Completed internships at Facebook and at Blackstone (private equity). Studied Technology Policy at Cambridge University.

Antton Peña

(Chief Strategy Officer)

Studied Global Innovation Design at the Royal College of Art.