The Floow Limited has been acquired by Otonomo Technologies Ltd.
February 2022 — 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.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised on the sale of The Floow Limited.
Aldo Monteforte
CEO, The Floow Limited
Talk to the deal team
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