Kayna raises $1.7 million

Kayna, a Dublin-based startup offering the infrastructure to embed insurance products, has closed a $1.7 million seed funding round led by Delta Partners, with participation from MiddleGame Ventures, Aperture, and Leo Capital, bringing funding to date to $2.9 million.

Founded in 2021, Kayna helps business software companies add insurance to their platforms. Since its 2023 funding round, the company partnered with Willis Towers Watson, launched embedded commercial insurance programs in the UK and US across cyber, equine, and security verticals, and developed an AI toolkit for insurance policy analysis.

“All of the essential elements are now in place, allowing us to scale effectively in our key markets. We are immensely gratified with the ongoing commitment of our long-term investors backing us in this latest funding round and equally delighted to have secured new investors that add to the breadth of expertise with proven playbooks and dynamic international networks that we can tap into. With our global brokerage partner, a growing VSaaS client base and skilled Kayna team on board in Ireland and the USA, we’re ready to grow and aim to enable US$1 billion in commercial insurance transactions across the next five years.” – ‍Paul Prendergast, CEO and co-founder of Kayna.