A Transformative Opportunity in Motor Insurance.
Magellan is currently in its Series Seed funding round, aiming to complete in May 2025. This capital raise will fund our platform build, regulatory readiness, and the delivery of our first motor insurance product in Greater Manchester.
We’re building a next-generation insurer rooted in fairness, transparency, and data-driven underwriting. This is a ground-floor opportunity for long-term investors who believe in ethical innovation and the potential of tech-led financial services.
City-by-City Launches
Building a National Brand Through Local Trust
Magellan’s growth model is based on local launches with strong community engagement.
We build hyperlocal brands under the Magellan umbrella tailored to local identities, communities and employers.
COMMERCE
Offered as an employee benefit through major employers
CIVIC SOCIETY
Partnering with local government and public services
COMMUNITIES
Delivered via grassroots leaders and trusted local groups
Launching in 2025
We are working towards our first city launch of Magellan Insurance later this year in Manchester. We will be working with the leadership of the Greater Manchester Combined Authority to ensure our launch plan is delivered for the benefit of Manchester’s residents.
Following a successful launch in Manchester, the next areas on our radar are:
