The milestone will fuel NEAT’s mission to transform the insurance experience for both businesses and consumers by making protection more accessible and integrated at the point of need.
In a statement to French press, Neat’s CEO, and Founder, Maximilien Dauzet, highlighted the company’s commitment to sustainable growth. He said: “I always felt that fundraising was considered too much of an economic model. This is why we were keen to achieve profitability before reinvesting in development: Milestone achieved! I join the 50 Neaters to proudly announce that Neat Protect has secured €50 million in Series A funding!”
The funding will be used to accelerate Neat’s product development and expand its market reach. Dauzet explained: “We will continue to invest to make life easier for merchants and improve guarantees and service for their customers.”
He also thanked, investors, and partners for their ongoing support, including co-founder Fabien Cazes, as the company continues its journey toward reshaping the future of insurance with innovative solutions.