News & Views
News & Media
Announcements from Driverly, and coverage of our work across the insurance, fintech and technology press.

Latest17 September 2026
Percayso Inform and Driverly sign a strategic, multi-year partnership to advance motor insurance data intelligence
Agreement brings Driverly's AI-powered vehicle and location risk scores to insurers through Percayso's data ecosystem.
Read the release →

2 March 2025
Cardiff-based Insurtech Driverly Secures £650K in Oversubscribed Seed Round
Driverly, an AI-powered geo-intelligence services provider for car insurance, has raised approximately £650,000 in an oversubscribed seed funding round, bringing total funding to more than £1.2 million.
Read the release →

16 May 2023
Driverly’s unique Road Risk Map helps to identify the 5 most dangerous sections on Britain’s roads
As part of its unique AI-driven telematics data profiling and risk analysis, Driverly has identified the top 5 most dangerous road sections in Britain based on accident data, traffic volumes and driver behaviour.
Read the release →

8 February 2023
Driverly achieves UK first for dynamically priced insurance as it receives direct authorisation from the Financial Conduct Authority (FCA)
Driverly has received direct authorisation from the FCA to sell car insurance — believed to be the first successful FCA application centred solely around a monthly, dynamically priced proposition.
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More releases
5 April 2023
Driverly Insurance exceeds 1st Qtr engagement target by 150 percent as users flock to download the driving app and create user clubs
17 January 2023
Driverly and University of South Wales join forces to unveil a pioneering AI-powered, real-world driving insurance app
20 December 2022
Driverly launches UK’s first dynamically priced, adaptive car insurance product with the release of its free App on iOS App Store and Android Google Play
24 November 2022
Driverly Insurance announces ‘unexpected overfunding’ in pre-seed investment round worth more than half a million pounds

Fintech Wales
2 April 2025
Welsh FinTech in Focus: Driverly Raises Oversubscribed Funding Round and Shifts to B2B Strategy
Driverly has successfully closed its latest funding round, with significant investor support leading to an oversubscription of 60%. The investment was spearheaded by the Development Bank of Wales, alongside prominent angel investors.
Read on Fintech Wales ↗

Alliance Manchester Business School
25 March 2025
Meet the Alliance MBS Full-time MBA alum transforming car insurance with AI
Armin Kia was part of our Full-time MBA class of 2014. Now, he’s co-founder and CEO of Driverly — an insurtech using AI-powered intelligence to revolutionise the car insurance customer journey.
Read on Alliance Manchester Business School ↗

Angel News
21 February 2025
Angels join Development Bank in Driverly fundraising round
A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.
Read on Angel News ↗

GS Verde Group
20 February 2025
Cardiff-based technology business successfully secures equity funding
Driverly, a Cardiff-based technology business specialising in insurance intelligence solutions, has successfully secured equity funding in a deal advised on by GS Verde Group.
Read on GS Verde Group ↗

Fintech Wales
19 February 2025
Welsh Fintech Driverly Secures Six-Figure Investment from Angels and Development Bank
A Welsh technology business providing adaptable app solutions to major car insurers has secured a six-figure investment round, backed by the Development Bank of Wales, Angels Invest Wales, and a syndicate of high-profile investors.
Read on Fintech Wales ↗

Insider Media
18 February 2025
Cardiff car insurance tech business completes fundraising round
A Cardiff-based car insurance tech business has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors. GS Verde Group advised on the deal.
Read on Insider Media ↗

BusinessCloud
18 February 2025
Cardiff InsurTech receives Bank of Wales investment
Driverly, a business providing adaptable app solutions to major car insurance companies, has completed a six-figure funding round.
Read on BusinessCloud ↗

UK Tech News
18 February 2025
Driverly secures £650k Seed Investment led by Development Bank of Wales and Angels Invest Wales
Driverly, an AI-powered geo-intelligence services provider for car insurance, has raised approximately £650,000 in an oversubscribed seed funding round, bringing total funding to more than £1.2 million.
Read on UK Tech News ↗

Business News Wales
18 February 2025
Angels Join Development Bank in Fundraising Round for Car Insurance Tech Firm
A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.
Read on Business News Wales ↗

Wales 247
18 February 2025
Driverly Secures Six-Figure Investment to Expand Insurance Tech Solutions
A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.
Read on Wales 247 ↗

Development Bank of Wales
17 February 2025
Angels join Development Bank in fundraising round for car insurance tech business Driverly
A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors.
Read on Development Bank of Wales ↗

Managing General Agents’ Association (MGAA)
22 May 2023
Driverly’s unique Road Risk Map helps to identify the 5 most dangerous sections on Britain’s roads
As part of its unique AI-driven telematics data profiling and risk analysis, Driverly has identified the top 5 most dangerous road sections in Britain based on accident data, traffic volumes and driver behaviour.
Read on Managing General Agents’ Association (MGAA) ↗