Bought By Many

The power of aggregators, competition in underwriting, and the advent of Solvency II all mean insurers need new ways of acquiring customers in specific risk segments.

Bought By Many uses social media to address this problem. We connect people with similar insurance needs in social buying groups. These groups can consist of people who share a postcode, a profession, a passion – or anything else. 

For consumers, we create the opportunity to buy insurance on more favourable terms than would be available to them as individuals. And for insurers, we create the opportunity to target the risk segments they most value, profitably, and at meaningful scale.

Company Growth (employees)
Type
Private
HQ
London, GB
Size (employees)
49 (est)+7%
Bought By Many is headquartered in London, GB

Key People/Management at Bought By Many

Steven Mendel

Steven Mendel

CEO and Co-founder
Guy Farley

Guy Farley

Co-Founder
Sam Gilbert

Sam Gilbert

CMO
David Woodfield

David Woodfield

Head of Partnerships

Bought By Many Office Locations

Bought By Many has an office in London
London, GB (HQ)
31-35 Kirby St

Bought By Many Financials and Metrics

Summary Metrics

Total Funding

$9.1 m

Latest funding size

$9.1 m

Time since last funding

9 months

Investors

Bought By Many's latest funding round in January 2017 was reported to be $9.1 m. In total, Bought By Many has raised $9.1 m

Bought By Many Financials

GBP

Cash (31-Mar-2016)

1 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

75.9 k515.5 k392.8 k1 m

Accounts Receivable

20.4 k122.9 k270.6 k328.8 k

Current Assets

96.3 k638.4 k663.4 k1.3 m

PP&E

24.6 k13.7 k2.4 k12.5 k
    Y, 2016

    Financial Leverage

    1.6 x
    Show all financial metrics

    Traffic Overview of Bought By Many

    Bought By Many Online and Social Media Presence

    Bought By Many Company Life and Culture

    You may also be interested in