Cloud-based insurance software-as-a-service company JAVLN has secured a $6 million capital investment, supporting the insurtech’s strategic expansion across Australia, accelerated R&D, and entry into new markets.

David Leach (pictured), CEO of JAVLN, said, “This capital raise enables us to act decisively in a rapidly evolving market. With AI and new technologies transforming the insurance sector, the funds will help us provide innovative software products to our customers across ANZ and beyond.”

Carlos Gil, CEO and Chief Investment Officer of lead investor Microequities Asset Management, said, “We were impressed by JAVLN’s technology which we think will markedly advance the digitisation journey currently taking place in the insurance broking industry. We see JAVLN’s technology as a key enabler for insurance brokers to ultimately provide better outcomes for their end clients.”

With over 11,000 contracted users of JAVLN products, the capital raise will further support key growth initiatives, including JAVLN’s strategic partnership with Envest, Australia’s largest privately owned insurance and financial services distribution group.

JAVLN has also recently invested in AI leadership with the appointment of Tim Mole as Head of AI & Data. Tim brings over 30 years of experience in management, analytics and AI leadership, and will drive the embedding of AI across JAVLN’s policy and document management products, enabling smarter, more efficient software solutions for the insurance industry.

This capital raise marks a pivotal moment in JAVLN’s growth trajectory, enabling the company to scale its technology, enhance customer offerings, and cement its position as a leading innovator in the Australian insurance industry.