Published: March 13, 2026 at 7:36 am
InsurTech Loxa has successfully closed its £2.7m seed round, completed across three tranches.
The round was backed primarily by angels and family offices, including the Lazaroo-Hood Group, with introductions facilitated by Angel Investment Network, FundMyPitch, and the Entrepreneur’s Collective.
Capital will be deployed to drive EU expansion, scale Loxa’s retail network to 150 live partners, and broaden the platform to support every insurable product category.
Jamie Hamer, co-founder and CEO of Loxa, said: “We started Loxa because we believed embedded product protection should be as universal as the checkout itself, available to every retailer, for every customer, everywhere.
“We made a deliberate choice to build this round with angels and operators who shared our mission and backed our vision from the start, and that alignment builds better businesses.
“Closing this round means we can now deliver on that promise at scale, with the right people and resources to execute successfully.”
Loxaʼs technology connects natively to over 70% of UK ecommerce infrastructure via apps for Shopify, Magento, WooCommerce, PrestaShop, and BigCommerce, as well as direct API integrations.
Loxa enables retailers to go live in as little as 48 hours.