Neos, a UK-based startup, offers intelligent home insurance with a focus on leveraging cutting-edge technology for a comprehensive smart property insurance approach. The company's slogan, "Neos offers smart home insurance with technology that informs homeowners of issues and calls 24-hour monitoring," succinctly captures its innovative approach. Founded in 2016, Neos operates at the intersection of the insurance and Prop Tech industries.
The company's offering includes a range of smart home technologies, such as motion sensors, cameras, and smoke detectors, which are designed to alert homeowners in the event of a fire, leak, or burglary. Additionally, Neos provides a 24-hour monitoring team that is on hand to dispatch necessary tradespeople as and when required. Through strategic partnerships with notable insurance companies worldwide, Neos has been able to establish itself as a prominent player in the smart property insurance sector.
In terms of funding, Neos secured a Venture Round investment on 25 January 2018, with Upscale as the participating investor. This investment not only reflects confidence in the company's business model but also signifies growing interest in the intersection of insurance and technology. Neos' ability to align with the evolving needs of homeowners and discerning investors positions it as a compelling player in the industry.
