Concentric

Founded in 2013, Concentric is a venture capital firm based in London with additional offices in Copenhagen. It invests in early-stage European technology businesses, focusing on software-driven companies operating in sectors such as financial services, mobility, real estate, industrial, and logistics.

Mark McDonald

COO

Denis Shafranik

Partner and Co-Founder

Alex Stroud

Principal

Past deals in Latvia

Insly

Convertible Note in 2022
Insly is a cloud-based insurance software provider for brokers and agents. Its platform supports policy, billing and accounting, renewal, document and reporting management, as well as debt management and developer tools, with customizable interfaces and online storage. It also offers wholesale distribution software for managing general agents and a cloud-based claims processing solution configurable for insurers, brokers, and agents. Originating as a spin-off from the IIZI Group, Insly was launched in London and was incorporated in 2014, with offices in Tallinn, Riga, Warsaw, and San Francisco.

Insly

Seed Round in 2019
Insly is a cloud-based insurance software provider for brokers and agents. Its platform supports policy, billing and accounting, renewal, document and reporting management, as well as debt management and developer tools, with customizable interfaces and online storage. It also offers wholesale distribution software for managing general agents and a cloud-based claims processing solution configurable for insurers, brokers, and agents. Originating as a spin-off from the IIZI Group, Insly was launched in London and was incorporated in 2014, with offices in Tallinn, Riga, Warsaw, and San Francisco.

Insly

Seed Round in 2018
Insly is a cloud-based insurance software provider for brokers and agents. Its platform supports policy, billing and accounting, renewal, document and reporting management, as well as debt management and developer tools, with customizable interfaces and online storage. It also offers wholesale distribution software for managing general agents and a cloud-based claims processing solution configurable for insurers, brokers, and agents. Originating as a spin-off from the IIZI Group, Insly was launched in London and was incorporated in 2014, with offices in Tallinn, Riga, Warsaw, and San Francisco.
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