Insurtech firm Bought By Many clinches £7.5m Series A

Bought By Many, the search and social media insurance technology (insurtech) firm, has completed a £7.5m Series A funding round led by Octopus Ventures, with participation from Munich Re and HSB Ventures. Launched in 2012, Bought By Many enables individuals with specific insurance needs, such as pet insurance for rare breeds or travel insurance for people with medical conditions, to get a better deal from providers by analysing over 550 million rows of data.