Embea raises €4 million in seed funding led by Atlantic Labs and astorya.vc to establish a pan-European Embedded Life Insurance platform.
Amount Raised
€4 Million
Round Type
Seed
BerlinInsurtechInsuranceInvestors
Description
Embea, a ground-breaking force in Embedded Insurance, concluded its seed funding round, amassing a total of €4 million led by Atlantic Labs and astorya.vc. Noteworthy backers of Embea include Jamie Hale, Daniel Khachab, and Michael Cassau. Embea is among the first companies to extend the emerging trend of Embedded Insurance from covering gadgets to offering life insurance protection. The investment will be used to expand its pan-European Embedded Life Insurance platform and add new insurance products to its portfolio.
Quick answer
Embea raised €4 Million in a Seed round, dated March 1, 2024. Investors: Jamie Hale, Daniel Khachab, Michael Cassau, Atlantic Labs and Astorya.Vc. Embea is based in Berlin, Berlin, Germany.
- How much did Embea raise?
- Embea raised €4 Million in a Seed round on March 1, 2024.
- Who invested in Embea?
- Jamie Hale, Daniel Khachab, Michael Cassau, Atlantic Labs and Astorya.Vc are named as investors in this round.
- What does Embea do?
- Embea is a pioneer in Embedded Insurance, extending the trend of Embedded Insurance to offer life insurance protection through non-insurance activities.
- Where is Embea based and how big is it?
- Embea is based in Berlin, Berlin, Germany.
- Who are the decision-makers at Embea?
- Fundz holds 1 contact at Embea. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as Embea that raised within 45 days of this round, from Fundz verified event records.
- SOSTENGO raised $3.8M (Seed) on March 13, 2024.
- SOSTENGO raised $3.8M (Seed) on March 5, 2024.
- Coverdash raised $14M (Series A) on February 28, 2024.
- CLARA Analytics raised $64M (Funding Round) on February 21, 2024.
- Amplify raised $16M on February 13, 2024.
- Ansel Health raised $20M (Funding Round) on January 23, 2024.
Who to call at Embea, and when
A new round usually means Embea is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Embea raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Embea, from your own LinkedIn network
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Related People
Embea raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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