Insurtech startup Leocare, which offers a ‘modern’ way to get homes, cars, motorbikes and smartphones insured, is raising €15 million from Felix Capital, Ventech and Daphni to fuel its growth.

Brought to life in 2017 by Christophe Dandois and Noureddine Bekrar to “breathe new life into the French insurance market” with a digital-friendly strategy, its self-described raison d’être is that there is a mismatch between what traditional insurers are offering the French, whose lifestyle is rapidly changing according to the founders.