AIREKA.
Application baseline · one story, every application
Saved
01 · The story

Umbrella first, products second

Short answer

AIREKA is an insurance operations and AI consultancy. Under the AIREKA umbrella we build products that remove manual handling from insurance workflows, including BEEP-ai and SENSA.

Long answer

AIREKA works with insurers, brokers and MGAs on the operational plumbing behind their AI ambitions. Most AI conversations are really conversations about broken workflows: information handled multiple times, simple tasks fragmented across teams. We fix the workflow first, then apply AI as an enablement layer.

Two products sit under the umbrella. SENSA is the platform layer, managing lead intake and routing across the process. BEEP-ai is the specific motor insurance journey, flipping the customer experience from form-filling to document upload, with AI extracting and prefilling data so a 30 to 40 minute process becomes review and confirm.

Tailor the emphasis per programme: insurtech accelerators get BEEP-ai leading, broader fintech or operations programmes get SENSA and the consultancy layer leading. Mention both.

02 · Standard answers

The questions every form asks

What stage are you at?
Prototype stage. Working prototypes in live use, but neither product is a packaged, sellable unit yet.
Users or traction?
One paying client: a CBI-regulated Irish motor broker. Our vehicle change tool handles real submissions daily and saves the client around 100 hours of manual handling per month, covering them during and after office hours. Name the client only in private conversations.
Revenue, last 12 months
£10,000 from our first paying client engagement.
Runway
Self-funded, roughly 12 months at current spend, with a review point if nothing material lands within that window.
Are you raising?
Yes. Angel round, target £100,000.
Target valuation
Funding to date
Founders' own capital. No external investment.
Team
Stan Ng, Founder and CEO: 20+ years across AIA, Prudential and Hang Seng Bank (HSBC Group). £1.44M GWP through iShop in 10 months, £6.4M GWP via CRM-integrated agent tooling, 126% YoY auto-underwriting growth. Valerie Chua, Co-Founder and CSO: InsurTech, FinTech and public sector transformation, MSc Information Systems Management (LSE).
05 · Assets

Checklist

Have
Need
  • Team video (Stan and Valerie together)
Before any live submission: confirm the raise amount and equity position with Valerie. Then copy, adjust emphasis, submit. The story stays the same.
03 · Use of funds

Cost model and valuation

The raise funds development to commercial readiness and pilots with 3 to 5 ICP companies. Sliders move in £500 steps; everything recalculates and saves as you go. TBC

Raise target£0
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12-month cost
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Months covered
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Headroom vs 12m
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Implied valuation (post-money)£0

How the valuation is justified: it is not the cost base multiplied by a number. Valuation = raise ÷ equity offered. £100k for 20% gives £500k (5x the raise); £100k for 10% gives £1m (10x). The cost model above proves what the money buys: 12 months of runway to a commercially ready product. The pipeline below proves what that runway converts into. The 5 to 10x range simply reflects how much equity you are prepared to give for one funded year.

04 · Pipeline

Forecast and traction

Every genuine conversation gets logged with a stage and an anticipated value. Entries below are illustrative; replace them with real conversations as they happen.

Total anticipated (0)£0

Revenue model per client: pilot or implementation fee, then a monthly maintenance or subscription line.