Nottingham, England – Percayso Inform, a leading player in the Information Technology & Services industry, is proud to announce the successful completion of its latest funding round, raising an impressive $3,471,000. The investment was led by Praetura Ventures, a prominent venture capital firm known for supporting innovative companies with high growth potential.

Founded by visionary entrepreneur Simon James, Percayso Inform is headquartered in Nottingham, England. The company has quickly established itself as a key player in the insurance sector, providing groundbreaking insurance intelligence solutions that surpass traditional data enrichment methods. Its offerings deliver unparalleled value to insurers and brokers at every stage of the insurance lifecycle, providing them with a substantial competitive edge.

Percayso Inform's insurance intelligence propositions represent a significant advancement for insurance businesses aiming to enhance service and retention levels, mitigate claims, and optimize portfolio growth and profitability. The company's unique solutions have garnered widespread recognition for their transformative impact on the insurance industry.

In a strategic move to expand its reach across the UK motor insurance market and offer insurers access to an extensive vehicle database for underwriting and claims purposes, Percayso Inform made a landmark acquisition in 2023. The company successfully acquired Cazoo Data Services (CDS), enabling access to the largest vehicle database available, comprising over one billion distinct data points. The dataset provides unparalleled insights into individual cars, making it the go-to resource for the Financial Ombudsman Service when resolving claims disputes.

"We are glad to have secured this significant investment from Praetura Ventures, which will propel our mission to revolutionize the insurance intelligence landscape," said Simon James, Founder of Percayso Inform. "With this funding, we will accelerate our efforts to provide innovative and comprehensive solutions that empower insurers and brokers to make data-driven decisions and excel in a highly competitive industry."