Every round on record, with the sources behind each and the investors on them.
FRANK provides an AI-powered solution to automate insurance brokers' paperwork and tasks, enhancing workflow efficiency for insurance consultants.
frankinsurance.aiPortugalInsurtech
2 sources · checked 1 time, last 28m ago
Not on the page it cites, so not applied: date
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
An earlier version listed Chegg as the lead investor, but the amended article says Frank does not consider Chegg a lead investor; Chegg is therefore listed as a participant.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Seed | $3.3M €2.9 million | 2026-10-01 | Armilar, Start Ventures | 2 outlets. #42 in Trending |
2 sources · checked 1 time, last 28m ago [ VERIFIED · CORRECTED ] read against 2 sources
Not on the page it cites, so not applied: date | ||||
FRANK builds an AI operator for insurance advisors, brokers, and agencies that automates quotes, paperwork, document work, and other back-office tasks so they can spend more time with clients.
FRANK targets a costly bottleneck in insurance distribution: the company says brokers spend 80% of their time on back-office work, while its AI Operator handles portals, forms, and documents; the latest report says it serves more than 350 agencies and 1,500 users and performs 70,000 tasks a month. The €2.9 million round from Armilar and Start Ventures matters because it funds product expansion, research and development, and international growth as FRANK tries to make AI-native operations viable for established brokers.
Checked against 10 sources today
| Interim strategic round interim strategic round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $5M | 2020-04-13 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
An earlier version listed Chegg as the lead investor, but the amended article says Frank does not consider Chegg a lead investor; Chegg is therefore listed as a participant. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||