[Press Release] Seyna raises €10 million
Driven by accelerating demand from its broker and MGA clients since 2024, Seyna raises €10 million to accelerate its tech-driven insurer model.
Paris, 15 september 2025
Driven by accelerating demand from its broker and MGA clients since 2024, Seyna announces a €10 million funding round, led by 115K, the fund of La Banque Postale, with the support of its long-standing shareholders White Star Capital and Elaia. This funding will enable the insurer to maintain its growth trajectory without compromising its solvency ratio, and to further accelerate its investments in technology and AI.
The “most efficient insurer for brokers” model has proven its value
Since 2019, Seyna has been growing on one principle: rebuilding all the operations of a primary insurer from scratch, powered 100% by technology. In 2024, Seyna exceeded €91 million in Gross Written Premiums. Today, it announces a surge in demand for its products, expecting to surpass €125 million in premiums in 2025.
“This acceleration confirms that the market believes in Seyna’s value proposition. Our technology investments allow us to launch better, tailor-made products for each broker or MGA, without compromising on risk management, even with a diverse product portfolio. The strength of our system, reinforced by this funding round, gives us confidence in scaling growth in a controlled manner,” explains Stephen Leguillon, CEO of Seyna.
Following these developments, Seyna is announcing a new €10 million funding round, bringing its total funding to €57 million.
Three strategic pillars to support this growth
1. Maintain its current focus. Seyna’s model, an insurer 100% broker-dedicated, tech-powered, and focused on a limited number of verticals has found its market. The company will continue pursuing its Horizon 2027 strategy (read more here): consolidating its verticals, investing in technology for resilience and margin improvement, and ensuring sustainable growth. Already operating internationally in three countries (Germany, Spain and Poland), the insurer will also continue to support its broker clients as they expand across Europe.
“Seyna is moving in the right direction. We know we can count on them for our upcoming launches and market expansion. Their ability to turn our data into actionable decisions is a true differentiator,” says Benoît Dominique, President at Phenomen.
2. Accelerating tech investment. Seyna’s differentiation lies in its ability to operate more efficiently than competing insurers through technology. Seyna’s recent advances in AI, such as processing bordereaux data, improving pricing benchmarks, speeding up legal work, and automating portfolio monitoring prove the impact of these investments. This new funding will accelerate them.
“We are building a real insurer, just like our peers, under the same constraints. However, by embedding technology and generative AI, we’re able to automate operations such as portfolio monitoring that others still handle manually,” says Jean Nicolini, CFO & CRO.
3. Absorbing demand without compromising solvency. In an insurance carrier model, premium growth automatically requires more solvency capital. Instead of turning down capacity requests from brokers or slowing down insurance product launches, Seyna has chosen to anticipate demand and reinforce its ability to scale safely with this new funding round
A new shareholder
This round marks the entry of 115K, La Banque Postale’s insurance-focused investment fund, alongside historical investors White Star Capital and Elaia. “We selected 115K because of the fund’s and La Banque Postale Group’s deep insurance expertise. They understand Seyna’s insurer model and development strategy,” explains Stephen Leguillon.
“At 115K, we are convinced that Seyna brings a unique value to the insurance sector: their perfect knowledge of the brokerage model supported by a technology-driven approach that is unique on the market, as well as their ability to iterate swiftly within a rigorous regulatory framework make them a rare asset in the insurance space. For the past three years we have witnessed the team’s excellent execution capabilities and steady progress, therefore we are thrilled to provide them with the combined insurance expertise of both 115K and La Banque Postale to support their growth ambitions” says Armelle de Tinguy, General Partner at 115K
“This round is not a short-term sprint: it consolidates our efforts. It allows us to support growth and tech investment without compromising the company’s structural balance. Our ambition remains unchanged: to build an infrastructure that enables us to onboard more and more portfolios while remaining brokers’ first choice and delivering top-tier profitability,” concludes Stephen Leguillon.
