Haatch backs small business broker Meshed

Haatch has backed Meshed , a London-based startup founded in 2022, investing in its £950,000 pre-seed round alongside Aviva via Founders Factory, Exponential Science Foundation, and several angels.

The 10-person company is tackling the SME underinsurance gap by using AI to cut quoting time, automate insurer follow-ups and policy admin, and deliver real-time coverage updates as businesses evolve.

Meshed charges a 10% fee and says automation enables lower costs without reducing service, supported by 24/7 assistance. To date, it has secured agreements with 51 insurers.

For context, Dinghy , launched in 2017, raised a similar amount but shut down in 2023 after being acquired by Kingsbridge, while Coverly , launched in 2019 by Bibby Financial Services to offer pay-as-you-go SME coverage, closed after just 17 months due to lack of funding.

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