The Floow Limited has been acquired by Otonomo Technologies Ltd.

Direct Line Insurance Group plc has sold The Floow Limited, a software as a service (SaaS) global provider of connected insurance technology for major carriers, to Otonomo Technologies, the mobility intelligence company.

The Floow is a pioneer in the use of advanced data analytics that sits behind blue-chip insurers-connected automotive insurance policies that effectively prices on driving behavior and usage, rather than more typical demographics.

Located in Israel, Otonomo Technologies is a cloud-based SaaS platform for the vehicle data exchange.

Oaklins Cavendish, based in the UK, advised on the sale of The Floow Limited.

Palvelut

Yrityksen myynti

Osapuolet

“I could not be prouder to be joining the Otonomo team. This is a big, bold step that brings us closer to our vision of safer and smarter mobility for all. Our clients and partners, some of the leading insurers of the world, will have access to a significant and unique set of data products, tools and resources to help them compete and thrive in a connected new world ahead. We really appreciated Oaklins Cavendish’s excellent advice, their understanding of the business, and getting the best outcome for the company by driving the process.”

Aldo Monteforte

CEO, The Floow Limited

Ota yhteyttä transaktiotiimiin

Peter Gray

Partner

Lontoo, Yhdistynyt kuningaskunta
Oaklins Cavendish

Näytä profiili Ota yhteyttä

Anthony Platt

Partner

Lontoo, Yhdistynyt kuningaskunta
Oaklins Cavendish

Näytä profiili Ota yhteyttä

Elliott Jeans

Associate Director

Lontoo, Yhdistynyt kuningaskunta
Oaklins Cavendish

Näytä profiili Ota yhteyttä

Transaktiot

Infotreasury has been sold to Matera

Pääomasijoittaminen | Rahoituspalvelut | TMT

Infotreasury has been sold to Matera

Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.

Lue lisää

Fairness opinion provided to the independent Board members of Orange Belgium

TMT

Fairness opinion provided to the independent Board members of Orange Belgium

The independent Board members of Orange Belgium have received a fairness opinion in the context of a contribution in-kind of VOO shares in Orange Belgium.

Lue lisää

EVIO has raised funds from Lince Capital for its international expansion

Pääomasijoittaminen | Energia | TMT

EVIO has raised funds from Lince Capital for its international expansion

EVIO has secured a second fundraising round lead by Lince Capital, a Portuguese private equity firm, in order to fund its international expansion and reinforce its commercial activity.

Lue lisää