Jove’s share price has jumped by 293% since our investment in 2021.

Founded in August 2020, Jove provides borderless work related insurances to SMEs and their contractors. This includes business liability, workers compensation, sickness cover to portable equipment, hired in plant and goods in transit insurances.

It provides API-driven real time enrolment and risk analytics, an AI-driven insurance validation module, marketplaces and work related digital platforms that enable businesses to embed fit for purpose insurances directly into their candidate onboarding process and throughout project cycles.

Crucially, Jove simplifies the process of managing contractor insurance and certifications, automating compliance checks and speeding up onboarding. This is down to its cutting-edge systems, which include an AI-powered insurance validation model and seamless integration with applicant tracking systems (ATS) such as Bullhorn. Its borderless insurance coverage overcomes the bottlenecks associated with traditional insurance processes, and makes global onboarding much more straightforward.

Following a £3.6m investment into Jove in November, Lizhen Cai, the company's founder and chief executive, said: "This investment will enable us to further develop our AI-powered insurance validation platform and empower contractors and recruitment companies to achieve seamless insurance compliance, and to cover their global suppliers and contractors instantly.

December 2024 - Secured £3.6 million in a seed funding round, securing to help transform insurance for contractors and small businesses globally.
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undefinedNovember 2024 - Jove wins Contractor Solution of the Year at the 2024 TIARA Talent Tech Star Awards US. undefined
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undefinedFebruary 2023 - Launches global contractor insurance validation through Bullhorn with InterEx Group. undefined
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undefinedOctober 2022 - Beta launch of Jove platform. undefined
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undefinedSeptember 2021 - Access EIS investment. undefined
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undefinedAugust 2020 - Company founded. undefined
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undefinedTo date, Jove has raised £4.35m from investors.undefined

The impressive growth of Jove has translated into impressive potential returns for early investors. For example, an individual who invested £5,000 in Jove in 2020 would see their investment valued at £19,660 today if the company were to exit.

undefinedBecause it is an undefinedEIS investment, you would also have been able to:**undefinedundefined
- Claim 30% of your investment as income tax relief (£1,500). undefined
- Defer up to £5,000 (the amount invested) of any capital gain arising one year before, and up to three years after, the date of your share acquisition. undefined
- Sell your EIS shares free of capital gains tax. undefined
- Exempt your EIS shares from your taxable estate. EIS shares qualify for Business Relief. undefined

undefinedFind out more about the tax relief available through EIS investing.undefined

The Access EIS Fund employs a unique model to gain access to some of the most promising new startups in the UK.

By co-investing with carefully vetted angel investors who have demonstrated their expertise in making profitable investments, we are able to back the UK’s best companies earlier in their lifecycle, and win greater potential return multiples for our investors.

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We build large, diverse portfolios to optimise growth potential and minimise risk. Investing in startups is risky, and many fail. But with a broad holding of top quality businesses, your chance of investing in one of the UK’s next success stories is increased.

Jove is one of a number of companies in the Access portfolio seeing growth exceeding 200%. We invest in new companies each month, so the sooner you make your investment, the sooner you can start building your portfolio of promising new startups.

undefinedFind out more about investing in the Access EIS Fund.undefinedSchedule a call with us.undefined