About Lloyd’s Lab Accelerator
Lloyd’s Lab Accelerator, an accelerator and incubator program founded in 2018, is based in London, United Kingdom. With a presence in 12 countries, it has supported around 66 startups in sectors like Enterprise Applications, Environment Tech. As of Aug 2026, Lloyd’s Lab Accelerator has 1 unicorn under its belt and has witnessed 10 portfolio exits. Most notable companies in
its portfolio include ICEYE, Axio Global and Definely. The program primarily supports Seed startups based in Switzerland. Its latest investment was a Undisclosed Seed round in REOR20 on Feb 08, 2024.
Key Metrics
Founded Year
2018
Location
London, United Kingdom
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series B
Locations of Investment
Unicorn in Portfolio
Lloyd’s Lab Accelerator's List of Top Investments
Lloyd’s Lab Accelerator has a portfolio of 66 companies, one of which is a Unicorn. Their most notable investments include ICEYE and Axio Global.Their portfolio spans across United Kingdom, United States, Bermuda and 9 more locations. They have invested in Enterprise Applications, Environment Tech, FinTech and 18 other sectors, across stages such as Seed, Series B stages. Here is the list of top investments by Lloyd’s Lab Accelerator:1. ICEYE
Manufacturer of radar satellite constellations providing persistent earth observation imagery. These systems deliver radar data to detect and monitor physical changes on the surface of the planet. The technology functions through cloud cover and darkness to provide imagery for environmental monitoring, infrastructure assessment, and disaster impact analysis. The hardware enables the collection of radar intelligence for various monitoring requirements.
Key facts about ICEYE
- Founded Year: 2014
- Location: Espoo (Finland)
- Annual Revenue: €100M - €500M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.25B
- Employee Count: 1,061 as on Jul 31, 2026
- Investors: TCV, General Atlantic and 50 Others
- Latest Funding Round: Series F, Jun 09, 2026, $*****
- Highlight: Editors' Pick
2. Axio Global
Provider of cyber risk management, mitigation, and insurance solutions. It offers SaaS-based cyber management software, which empowers security leaders to build and optimize security programs and quantify risk in financial terms. It helps businesses drive visibility and decision-making about cybersecurity priorities and investments.
Key facts about Axio Global
- Founded Year: 2016
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $30M
- Employee Count: 98 as on Mar 31, 2026
- Investors: IA Capital Group, NFP Venture and 5 Others
- Latest Funding Round: Series B, Feb 07, 2024, $*****
- Highlight: Acquired
3. Definely
Developer of software tools for reviewing and drafting legal contracts. These applications integrate into word processing software to assist with the management of definitions, provisions, and cross-references within complex documents. The software highlights potential implications of changes across clauses and schedules to support the document review process. Users can export tracked changes and comments into lists to facilitate collaboration during the drafting phase. The tools provide functionality for proofreading and managing document versions to maintain consistency throughout the lifecycle of a legal agreement.
Key facts about Definely
- Founded Year: 2017
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $42.5M
- Employee Count: 105 as on Jul 31, 2026
- Investors: The Raine Group, Octopus Ventures and 63 Others
- Latest Funding Round: Series B, Jun 09, 2025, $*****
- Highlight: Editors' Pick
4. FRISS
Provider of trust automation platform for property and casualty insurance carriers. The platform helps automate risk assessment processes behind every customer interaction. It analyzes policy requests, renewals, and claims for trustworthiness, flagging high risks. The platform offers solutions for underwriting, claims, and investigations.
Key facts about FRISS
- Founded Year: 2006
- Location: Utrecht (Netherlands)
- Stage: Series B
- Total Funding till date: $88.7M
- Employee Count: 219 as on Jul 31, 2026
- Investors: BlackFin, Lloyd’s Lab Accelerator and 3 Others
- Latest Funding Round: Series B, Nov 02, 2021, $*****
- Highlight: Editors' Pick
5. Floodbase
Provider of parametric flood insurance solutions. This company offers an end-to-end solution enabling insurance products for previously uncovered flood risk. It uses advanced flood mapping technology to expand addressable risk and power a new category of parametric flood insurance, providing payouts based on the magnitude of flooding. Policies cover various loss types, including business interruption, crop and land loss, and disaster response, offering flexible structures and quick payouts.
Key facts about Floodbase
- Founded Year: 2015
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $17M
- Employee Count: 26 as on Jul 31, 2026
- Investors: For Good Ventures, Ecosystem Integrity Fund and 12 Others
- Latest Funding Round: Series A, Feb 06, 2025, $*****
- Highlight: Editors' Pick
Lloyd’s Lab Accelerator's Year-on-Year Investment Trends
Its most recent first time investment was in REOR20.Lloyd’s Lab Accelerator's Investments by Stage
Lloyd’s Lab Accelerator has made 1 investment in Seed stage and 1 investment in Series B stage.Lloyd’s Lab Accelerator's Investments by Sector
Lloyd’s Lab Accelerator has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Environment Tech, FinTech and InsurTech. Notably, it has invested in 56 Enterprise (B2B) companies, 56 Tech companies, 41 Software companies and at least 27 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Enterprise Infrastructure | 1 |
Environment Tech | 1 |
FinTech | 1 |
InsurTech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Lloyd’s Lab Accelerator's Investments by Geography
Lloyd’s Lab Accelerator has made most investments in Switzerland (1), followed by United States where it has made 1 investment.Lloyd’s Lab Accelerator's recent investments
Lloyd’s Lab Accelerator has not made any investment in 2026 so far.Here are the most recent investments by Lloyd’s Lab Accelerator:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 08, 2024 | Switzerland | Seed | 2764 | - | |
Feb 07, 2024 | United States | Series B | 3608 | - |
Unicorns in Lloyd’s Lab Accelerator's Portfolio
Lloyd’s Lab Accelerator has 1 unicorn in its portfolio - ICEYE. The most recent unicorn in their portfolio is ICEYE which became a unicorn in 2025.Here is a list of unicorns in Lloyd’s Lab Accelerator's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Manufacturer of radar satellite constellations providing persistent earth observation imagery | 2014 | Espoo | Series F | if{svoo |
Acquired companies in Lloyd’s Lab Accelerator's Portfolio
10 companies from Lloyd’s Lab Accelerator's portfolio have been acquired. The most recent acquisition was Swiss Re in Apr 2025 by Hannover Re for $*****.Here are Lloyd’s Lab Accelerator's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 11, 2025 | - | - | 1799 | |
Feb 05, 2024 | - | - | 1797 | |
Aug 31, 2023 | - | - | 7037 | |
Jul 05, 2023 | - | - | 2617 | |
Feb 01, 2023 | - | - | 8619 |
Co-investors of Lloyd’s Lab Accelerator
Over the past 2 years, 6 investors have co-invested in Lloyd’s Lab Accelerator's portfolio companies. This includes funds and angels.
- Invested before Lloyd’s Lab Accelerator: NFP Venture, Fin Capital and 4 others have invested in rounds before Lloyd’s Lab Accelerator. There is 1 company where NFP Venture has invested before Lloyd’s Lab Accelerator and 1 company where Fin Capital has invested before Lloyd’s Lab Accelerator.
