Insurance data intelligence provider Percayso Inform has completed a £2.7m funding round, which was led by industry veteran Neil Utley and existing venture capital investor Praetura Ventures.

Rich Tomlinson, managing director at Percayso Inform, said: “We’re delighted to welcome Neil as an investor. He has a breadth of experience and knowledge to share from his 30 plus years of working in our industry at the highest level. In particular, his expertise in the motor insurance market will be invaluable in helping us to achieve our ambitions for Percayso Vehicle Intelligence.

“And we’re hugely proud that Praetura Ventures are continuing to support us. We’ve forged a fantastic relationship and in particular, I’d like to offer special thanks to Guy Weaver from their team who played a critical role in the Cazana acquisition.”

Percayso Inform’s 65-strong client base now includes Ageas, Covea, Direct Line, Markerstudy, Somerset Bridge and The AA.

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