U.S.-based insurtech Braven has raised $4.6 mn in seed funding and opened a London office to expand in delegated authority and specialty re/insurance markets.
The company is headquartered in the United States and was founded by a Colombian team. Braven said more than $800 mn in written premium currently flows through its platform.
Its clients operate across North America, Europe, and Latin America. The new investment will support the launch of Braven’s London operation, which is opening in June 2026.
Braven has already made two commercial hires in London and plans further recruitment. The company selected London as its first international expansion hub because of the city’s role in delegated authority and specialty insurance.
The seed round was led by Collide Capital. Fiat Ventures, MGV, Carao Ventures, Angeles VC, and Broom Ventures also participated in the financing.
Former global reinsurance executive Matthias Weber and several insurance industry angel investors also backed the round. Their involvement gives Braven additional market credibility as it targets complex insurance distribution and capital relationships.
Founder and chief executive Carlos Chávez said the insurance sector’s problem is not only digitalisation. He argued that insurance needs better operating infrastructure beneath the workflow layer.
He said the public conversation remains too focused on digitalisation. In his view, digitising a broken process does not fix the underlying operational structure.
What we are building is the layer on which brokers, MGAs and reinsurers can operate with real-time traceability and intelligent capital flow between counterparties.
Carlos Chávez, Founder and chief executive
Braven is positioning itself as an insurance infrastructure provider rather than a traditional workflow technology company. The company also announced a corporate rebrand alongside the funding round.
Its platform uses AI to automate operational processes inside delegated authority arrangements. Those processes include data extraction, validation against binder terms, and bordereaux generation.
Delegated authority business often involves many counterparties, data formats, underwriting rules, and reporting obligations. That makes traceability and data quality important for brokers, MGAs, carriers, and reinsurers.
Braven’s technology is designed to work with existing London market standards. The platform also creates a real-time audit trail of underwriting activity, helping participants track decisions and data movement across the transaction chain.
Braven has taken a different approach from many insurtechs. He said the company is rethinking insurance processes rather than simply automating existing tasks.
Rather than simply automating tasks, it amplifies expertise, allowing each professional to operate as if they had a team of one hundred assistants supporting their work.
The London launch gives Braven direct access to one of the world’s largest specialty insurance markets. It also places the company closer to brokers, MGAs, reinsurers, and delegated authority teams managing high-volume, data-heavy insurance flows.
According to Beinsure analysts, Braven’s funding reflects a wider shift in insurtech from customer-facing apps toward market infrastructure. Delegated authority business still depends on fragmented data, manual validation, and delayed reporting.
Platforms that improve traceability, binder compliance, and capital flow between counterparties could become more valuable than narrow workflow tools.
