Flock is a UK-based startup founded in 2015, operating at the intersection of AI, Big Data, Fintech, Insurance, Insurtech, Logistics, and Autonomous and Sensor Tech. Positioned as a trailblazer in the Automotive industry, Flock aims to make the world quantifiably safer by providing tailored insurance solutions for commercial fleets.
The company's innovative approach differentiates it from traditional insurers, offering not only necessary motor certificates but also rewarding safer fleets with lower premiums. This value proposition is trusted by major clients, including Virtuo, Onto, and Jaguar Land Rover's leasing arm, 'The Out'.
Flock's recent €35.90M Series B investment, raised in February 2023, was led by a consortium of investors including Anthemis Group, Octopus Ventures, and Social Capital, among others. This capital injection underscores investor confidence in Flock's business model and its potential for scalability and impact.