wefox secures EUR 151 million to expand MGA model and insurance distribution strategy

10.07.2025 16:49, Rita Longobardi

Berlin-based insurtech wefox has raised EUR 151 million to accelerate its transition toward an asset-light MGA model and scale its smart insurance distribution business. The round includes EUR 76 million in fresh equity from existing investors and EUR 75 million in debt refinancing from Searchlight Capital Partners.

With its business restructuring program now complete, wefox is focused on profitability by 2025 and scaling its core operations across key European markets. The company recently finalized the sale of its Liechtenstein-based insurance carrier and Italian subsidiaries, simplifying its structure and sharpening its strategic direction.

Recognized among the TOP 100 Swiss Startups in 2019 and later ranked as a TOP 100 Scale-up from 2021 to 2023, wefox has consistently stood out for its growth trajectory and market presence. The new funding will support the company’s expansion in Austria, the Netherlands, and Switzerland. In Austria, it leads the wholesale broker market with a digital platform tailored to retail insurance brokers. In the Netherlands, the company holds the top position in the term-life segment through its TAF brand and MGA model. In Switzerland, it continues to grow its retail insurance presence with a focus on comprehensive risk advisory services.

By strengthening insurer partnerships and scaling local platforms, wefox aims to grow revenue and margins while extending its reach into new markets.

The company is also adjusting its governance to align with this next phase. Prateek Puri, Partner at Searchlight Capital Partners, and CEO Joachim Müller have joined the board of wefox Holding AG. Founders Julian Teicke, Fabian Wesemann, Dario Fazlic, and Nikolaus Frei have stepped away from their board roles, following the company's shift toward a more streamlined structure focused on execution and growth.


Fabian Wesemann and Julian Teicke