InsurTech Startup Wefox Raises $110M Series B Financing Round
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Swiss InsurTech startup and TOP 100 alumn wefox announces today the $110 million Series B extension round at a $1.65B pre-money valuation.
The Insurtech startup wefox, has announced today the closing of a Series B extension round of $110 million. Along with existing investors, the investment is led by Omers Ventures, Merian Chrysalis, and Samsung Catalyst Fund. This extension round follows a $125 million capital injection announced on the 6th of March 2019.
Facing relevant growth and expanding the team to more than 400 employees, the new capital injection will support the European expansion and the activities in existing countries.
Wefox entered the TOP 100 Swiss Startup ranking for the first time in 2019.
wefox Holding AG: Compare insurances and receive personal advice
We are a start-up based in Berlin, Zurich and Barcelona. Founded in November 2014 in Switzerland, we combine many years' experience in the insurance industry with the world of digital technology. With... Read more
