Zixtygo secures £506.9k Series A for eco-focused car insurance app

Short-term car insurance provider Zixtygo Ltd has raised £506.9k in a Series A funding round. This latest investment brings the company post-money valuation to an estimated £3.5m.

Founded in 2022 and based in London, Zixtygo operates the Zixty brand. The company provides temporary vehicle cover through a telematics-based mobile application. The platform addresses the need for flexible insurance while incorporating environmental sustainability into the process. The app calculates an EcoScore based on driving data, which the company uses to carbon-offset journeys via tree planting programs.

The £506.9k raise represents an increase in valuation from previous funding cycles. In January 2025, the company secured £95k at a valuation of £3.1m. This followed a £293.2k round in October 2024 at a £3m valuation and an £80k round in May 2024 at a £1.9m valuation. Zixtygo initial funding in November 2022 consisted of £75k at a £1.2m valuation.

Latest financial records indicate that the company employs three people. The documentation for this Series A round was filed in March, following an allotment of shares in February. The service specifically targets drivers who require flexible, temporary vehicle cover with an integrated focus on environmental sustainability.