1520 Investment Fund investes in Habit Analytics Startup
2 December, 2022
The TechTree investment fund, launched by CTT to support innovation activities in small and medium-sized companies and startups, participated in the funding round for Habit, Insurtech, a startup based in Portugal that offers an innovative and unified solution in the area of insurance.
Habit is the only platform with a unified insurance distribution application programming interface (API) and orchestration technology that, regardless of insurer and insurance product, gives distribution partners complete control over the lifecycle. of the policy, as well as reducing IT efforts, enabling quick go-to-market. Global consumer credit banks also represent a sector that is undergoing significant expansion at Habit, given its speed and ability to customize sales journeys, as well as the automation of claims management and respective notification to bank systems.
For CTT, this bet reinforces the proximity to the national ecosystem of startups, in areas where the CTT Group operates. The operationalization and monitoring of this investment will be – as usual – carried out by the 1520 StartuProgram.