Insurtech Tuio raises €15 million from BlackRock and MassMutual Ventures, a deal advised by Metrix Partners

Tuio, a Spanish insurtech, recently raised €15 million in a funding round involving BlackRock and MassMutual Ventures. Metrix Partners has acted as an advisor to the investors. This investment will help Tuio expand its digital strategy, launch new insurance products, hire more staff, and explore international growth. Since its launch in 2021, Tuio has gained over 45,000 customers, primarily in home and life insurance, and aims to reach 65,000 by the end of 2024. This funding highlights investor confidence in Tuio’s technology-driven approach to improving customer experience and operational efficiency. Metrix Partners thus strengthens its fintech and insurtech practice.