Disruptive Capital-backed Reg UK completes GBP2.4m funding round

We exploit dislocations in markets and unlock value from complex situations using a Get Rich and Stay Rich strategy. This strategy has given rise to returns over 23 years of 28% p.a. Net IRR

Reg UK (REG), the provider of a range of data analytics and risk management solutions to insurance intermediaries globally, has completed a GBP2.4 million funding round. 

The additional capital will enable further investment in the platform, people and systems to support the Company’s accelerating growth trajectory both in the UK and globally. As part of the fundraising round, Disruptive Capital Finance followed on its existing capital with additional equity capital while Shawbrook arranged a debt facility. 

Disruptive Capital Finance represents the private equity investment vehicle and family office of the Truell family, in which they hold the vast majority of their assets. Edi Truell’s track record stands at a 28 per cent net IRR pa across all 51 platform deals over the last 25 years. With positive returns in every three, five and ten year rolling period it has demonstrated an acute sense of risk management as well as buying, building and transforming private companies to become global market leaders.

REG aspires to become the go-to solution for Insurers and Intermediaries looking to simplify compliance and management processes between insurers, brokers and customers. With clients across the country and a number of international markets, including ageas, PIB Group, Lloyds and GRP, REG continues to demonstrate its outstanding growth potential as part of the UK InsurTech sector. 

The London-based business now employs 35 people and continues to disrupt the insurance market place by accelerating due diligence processes and enhancing ongoing risk management through advanced data analytics and monitoring tools.

Edi Truell, Founder, Disruptive Capital Finance, says: “REG has a compelling and market leading position in a fast growing sector. We are delighted with its progress since our initial investment and we look forward to actively supporting its continued success.”

Michael Phair, CEO, REG (UK) Ltd, says: “This facility not only provides scope for further growth but is also a validation of what we’ve already achieved. Whilst venture debt isn’t readily available on the high street or from our main bankers, fast growth businesses like REG, with high levels of annual reoccurring revenue need this type of support to scale-up and succeed – particularly internationally.”

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