Wrisk Limited
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Wrisk Limited - overview
Established
2016
Location
London, -, UK
Primary Industry
Software
About
Based in London, UK, and founded in 2016, Wrisk Limited operates as an insurtech company. The company was founded by its Executive Chairman, Niall Barton, and Chief Product Officer, Darius Kumana The company operates Wrisk, an insurance platform that helps brands by providing personalized insurance quotations and advisory services. As of 2023, Wrisk partnered with insurers and automakers to offer mobile-first insurance solutions and products such as a monthly subscription-based car insurance product that was developed in partnership with the RAC and allows users to pay for their car insurance based on how many miles they drive. In July 2025, Wrisk raised GBP 12 million in series B funding co-led by new investors Mundi Ventures and Opera Tech Ventures, with participation from returning investors QBN Capital and Volution Ventures.
Wrisk offers a cloud-based infrastructure with integration options that helps brands automatically generate online car insurance quotes at the point of sale using its application programming interface. Its client base includes insurance companies such as RAC, BMW Flex, MINI Flex, and HeyCar. The company plans to utilize the July 2025 funding to drive growth within the UK and Europe, improve its data and intelligence features, and expand its partner programs.
Current Investors
Oxford Capital Partners, Hiscox, QIC
Primary Industry
Software
Sub Industries
Consulting Services, Insurance Intermediaries, Commercial Insurance, Sales & Marketing Software, Application Integration Software
Website
www.wrisk.co
Verticals
Cloud Computing, Cloud Computing, FinTech, InsureTech, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only
Wrisk Limited - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 320,926 | 544,600 | 656,304 | - | - | - |
| % Revenue Growth (YoY) | - | 69.7% | 20.5% | - | - | - |
| EBITDA (USD) | (3,338,540) | (1,590,940) | (2,450,483) | - | - | - |
| Operating Income (USD) | (3,346,486) | (1,599,457) | (2,469,011) | - | - | - |
| Operating Margin | (1042.8%) | (293.7%) | (376.2%) | - | - | - |
| % EBITDA Margin | (1040.3%) | (292.1%) | (373.4%) | - | - | - |
| NET Income (USD) | (2,957,399) | (1,555,710) | (2,132,319) | - | - | - |
| % Net Margin | (921.5%) | (285.7%) | (324.9%) | - | - | - |
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