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Business Live

Business Live

Car insurance fintech start up Driverly boosted with six-figure pre-seed investment round

Funders of the round into the Cardiff-based firm include the Development Bank of Wales

21/11/22

UK Daily News

UK Daily News

Cardiff car insurance provider backed by Development Bank

The Development Bank of Wales led a pre-seed equity investment in a Welsh auto insurance company during a recently completed funding round.

18/11/22

Wales247

Wales247

Cardiff car insurance fintech backed by Development Bank

The Development Bank of Wales led a pre-seed equity investment into a Welsh car insurance firm during a recently closed funding round.

18/11/22

The Managing General Agents'​ Association (MGAA)

The Managing General Agents'​ Association (MGAA)

Driverly Insurance, the flexible car insurance provider which uses tech to reward good drivers, backed by Development Bank of Wales

Driverly, the flexible car insurance provider which uses tech to reward good drivers, backed by Development Bank of Wales

18/11/22

Insurance Age

Insurance Age

Development Bank of Wales invests in start-up broker

The Development Bank of Wales has invested £250,000 in Cardiff-based Driverly leading a pre-seed investment round of £525,000.

18/11/22

Insider

Insider

Development Bank backs Car Insurance firm's funding round

The Development Bank of Wales has led a pre-seed equity investment into a Cardiff-based car insurance firm as part of a funding round.

18/11/22

Development Bank of Wales

Development Bank of Wales

Driverly, the flexible car insurance provider which uses tech to reward good drivers, backed by Development Bank of Wales

The Development Bank of Wales led a pre-seed equity investment into a Welsh car insurance firm during a recently closed funding round.

17/11/22

© 2025 Driverly is a trading name of Driverly Company Limited (Reg No: 13377155), registered at 10 Churchill Way, Cardiff, CF10 2HE.  Driverly Company Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 969683).  These details can be confirmed by visiting the Financial Services Register, www.fca.org.uk/register.

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Driverly

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