The Floow
Sequence advise innovative financial technology company The Floow on a £13m minority investment from leading Chinese & UK corporate investors
The Floow is one of the largest independent computer and data science organisations in the global telematics industry focused on individual mobility. Telematics insights provided by The Floow help transform the insurance operating model from transactional to one based on relationship and service.
An international consortium of corporate investors consisting of existing investor Direct Line Group, the UK’s leading personal motor and home insurer, as well as leading Chinese investment group, Fosun, and United Electronics Co., have invested a total of £13m in exchange for a minority economic interest in The Floow.