Tag: Wefox

German Insurtech Startup Wefox Seeks Funding at Over $5 Billion Value

Wefox, the German digital insurer, is in advanced talks to raise new funding at a valuation of $5 billion to $6 billion, according to people familiar with the situation. According to the people who asked not to be identified because the information is private, the Berlin-based insurtech startup is looking to raise several hundred million… Continue reading German Insurtech Startup Wefox Seeks Funding at Over $5 Billion Value

European Insurtech Startup Wefox Grabs $650M at $3B valuation

German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and personal liability insurance. “It’s much more than we… Continue reading European Insurtech Startup Wefox Grabs $650M at $3B valuation