Nettle - About the company
Nettle is a seed company based in London (United Kingdom), founded in 2024 by Katya Lait and Jack Miller. It operates as a Provider of AI-powered risk assessment tools for commercial insurers. Nettle has raised $6.8M in funding from Project A. The company has 640 active competitors, including 53 funded and 55 that have exited. Its top competitors include companies like Riskified, Signal AI and EXIGER.
Company Details
Provider of AI-powered risk assessment tools for commercial insurers. This platform enhances underwriting decisions and streamlines on-site inspections through AI-driven data analysis of internal and external sources, including data, photos, and voice memos. It offers features such as centralised scheduling, instant report generation, regulatory checks, and secure data management. The platform facilitates collaboration among underwriters, risk engineers, and compliance teams by centralising data and offering instant translation capabilities. It is designed to integrate with existing underwriting software and risk assessment tools, improving efficiency and accuracy across teams of all sizes. The platform prioritizes data security and compliance with industry regulations.
- Website
- www.getnettle.com/
- Email ID
- *****@getnettle.com
- Registered Address
- C/O Complete Hq, 2 Bridge Court, Kingsmill Road, Saltash, Cornwall, PL12 6LS, England
Key Metrics
Founded Year
2024
Location
London, United Kingdom
Stage
Seed
Total Funding
$6.8M in 2 rounds
Latest Funding Round
Investors
Ranked
127th among 640 active competitors
Employee Count
10 as on Sep 30, 2026
Legal entities associated with Nettle
Nettle is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Nettle Limited CIN: 15968722 , United Kingdom, Active | Sep 20, 2024 | - | - |
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Nettle's funding and investors
Nettle has raised a total funding of $6.8M over 2 rounds. Its first funding round was on Apr 07, 2025. Its latest funding round was a Seed round on Oct 06, 2026 for $*****. 5 investors participated in its latest round. Nettle has 1 institutional investor.
Here is the list of recent funding rounds of Nettle:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 06, 2026 | 8269379 | Seed | 5635324 | 5898548 | 7108531 | 2582747 |
Apr 07, 2025 | 5179630 | Seed | 9105610 | 1769687 | 3885937 |
View details of Nettle's funding rounds and investors
Nettle's founders and board of directors
Founder? Claim ProfileHere are the details of Nettle's key team members:
- Katya Lait: Co-Founder & CTO of Nettle. Contact Info: 2 email addresses
- Jack Miller: Co-Founder & CEO of Nettle.
View details of Nettle's Founder profiles and Board Members
Nettle's employee count trend
Nettle has 10 employees as of Sep 26. Here is Nettle's employee count trend over the years:
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Nettle's Competitors and alternates
Top competitors of Nettle include Riskified, Signal AI and EXIGER. Here is the list of Top 10 competitors of Nettle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
2nd | Signal AI 2013, London (United Kingdom), Series E | Provider of software analyzing media data for risk management insights | $268M | 72/100 | |
3rd | EXIGER 2013, New York City (United States), Acquired | Provider of supply chain risk management and compliance software solutions | $80M | 71/100 | |
4th | GardaWorld 1995, Montreal (Canada), Acquired | Provider of security personnel, risk management, and security service solutions | - | 70/100 | |
5th | Kyriba San Diego (United States), Acquired | Provider of cloud-based platform for treasury, risk, payments, and working capital | $161M | 67/100 | |
6th | RapidRatings 2002, New York City (United States), Series C | Cloud-based solution for vendor risk management | $255M | 64/100 | |
7th | Riskonnect 2007, Kennesaw (United States), Acquired | Cloud-based risk management solutions for the insurance industry | $10M | 62/100 | |
8th | Provider of automated threat modeling tool for secure software development | $37M | 59/100 | ||
9th | Datamaran 2014, London (United Kingdom), Series C | Provider of an AI platform for environmental, social, and governance insights | $53.6M | 58/100 | |
10th | Platform offering integrated security risk management solutions | - | - | 58/100 | |
127th | Nettle 2024, London (United Kingdom), Seed | Provider of AI-powered risk assessment tools for commercial insurers | $6.8M | 39/100 |
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Nettle's Investments and acquisitions
Nettle has made no investments or acquisitions yet.
Reports related to Nettle
Here is the latest report on Nettle's sector:
News related to Nettle
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•
Nettle Secures £1.45M Pre-Seed Funding to Revolutionize Commercial Insurance Risk Assessment with AIUK Tech Investment News•Apr 07, 2025•Nettle, McKinsey, Osborne Clarke
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