Percayso Inform (Percayso) are set for further growth following their £3.4m fundraise.

Knights has worked alongside Percayso to secure the investment led by Praetura Ventures. The investment will support Percayso’s new product development and enable the business to expand into new sectors of the UK insurance market.

Percayso’s data and intelligence hub provides next generation insurance intelligence services helping insurers to prevent fraud, compete on price comparison sites and reduce risk levels.

Knights’ Corporate team was led by Gavin White and Hannah Raven with employment support provided by Clive Day.

Gavin White, Partner at Knights, commented: “We are delighted to have worked with Percayso on securing this investment and look forward to seeing how it fuels their future growth.”

Richard Tomlinson, Managing Director at Percayso Inform, commented: “The team at Percayso has achieved an awful lot in a short space of time, but we have ambitious plans and this investment will allow us to accelerate our roadmap.”