French InsurTech Startup Seyna Raises €10 Million Funding

The round was led by 115K, joined by White Star Capital and Elaia, bringing total funding to €57 million.

“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.

Since 2019, Seyna has focused on rebuilding primary insurance operations entirely through technology. In 2024, it surpassed €91M in Gross Written Premiums and now expects rising demand to push premiums beyond €125M in 2025.

“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,” adds Benoît Dominique, President at Phenomen.

Seyna’s broker-first, tech-driven model focused on select verticals has proven successful. Under its Horizon 2027 strategy, it will consolidate verticals, invest in technology for resilience and margins, and drive sustainable growth while supporting brokers expanding across Europe. The company already operates in Germany, Spain, and Poland.

“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.

Seyna highlights its edge in operating more efficiently than rivals thanks to technology. Recent AI advances—like automating bordereaux processing, refining pricing, speeding legal tasks, and monitoring portfolios—demonstrate this impact. The new funding will further accelerate these developments.

“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

In the carrier model, premium growth requires more solvency capital. Rather than limiting broker capacity or delaying new product launches, Seyna is proactively reinforcing its ability to scale safely with this funding round.

“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 Leguillon.

About Seyna

Seyna is a tech-powered insurer built for brokers. It helps them launch products faster, manage risks better, and improve performance. With advanced tools and AI, Seyna makes insurance more efficient, scalable, and future-ready for brokers across Europe.