| Founded | 2016 |
|---|---|
| Closed | 2022 |
| Country | UK |
| Sector | Insurtech |
| Collapse type | Fire Sale |
| Founder | Matt Poll |
Neos
"Smart home insurance sounded revolutionary until a £300 IoT kit made unit economics impossible."
Distressed acquisition below last-round valuation
Key Events Timeline
Neos, a UK connected home insurance startup founded by Matt Poll in 2016, raised £20M and offered smart home sensors bundled with home insurance to prevent claims before they happened.
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