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Bought By Many

Better insurance. For everyone.
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Bought By Many’s mission is to make insurance fairer. The company helps people find insurance for the things in their lives they care about or that are out of the ordinary, using online search data to find unmet consumer needs for insurance.

Through Facebook and other social platforms, Bought By Many connects people in groups and negotiates discounts or creates policies to meet their needs.

The insurtech business was founded in 2012 by Steven Mendel and Guy Farley. In 2017 Bought By Many announced a £7.5m Series A investment round with funding from Octopus Ventures and Munich Re’s HSB Ventures.

Bought By Many has won numerous awards and accolades, including the Innovation in Insurance Award at the Fintech Innovation Awards 2016, as well as being included in the FinTech50 by FinTech City in 2016.

Founder
Steven Mendel
CEO
Steven has over 20 years’ diverse experience in the financial services industry.
insurtech, insurance
Guy Farley
CTO
Guy has worked in software development for 20 years.
Insurtech, insurance, technology
Investors
Munich Re
Investment year - 2016
Investment Stage - Series A
Octopus Ventures
Investment year - 2016
Investment Stage - Series A
Cooperations
Munich Re
News
23 Aug '17
Bloomberg
16 Jan '17
Financial Times
Awards
August, 2016
Fintech 50