Neat raises €10 million

Neat, a French insurance startup offering extended warranties, has raised €10 million from Octopus Ventures, New Alpha, Mundi Ventures, Founders Future, and several angel investors.

Founded in 2022 by former employees of Lovys and Seyna, Neat offers a range of products that merchants can offer customers at the point of sale. Aside from extended warranties, Neat lists travel and mobility insurance as available products.

The startup works with several insurance companies such as Mutuaide, Hannover Re, Acheel, and Vyv International Assistance, to offer the different products.