Fundz

Wefox, Germany’S Digital Insurance Unicorn, Closes $650M Series C

Jun 01, 2021

Amount Raised

$650 Million

Round Type

Series C

BerlinSoftwareInsurance

Description

wefox, the Berlin-based digital insurance company has raised a record US$650 million for its Series C funding, resulting in a post-money valuation of US$3 billion. This round represents the largest Series C to date for an insurtech globally.

Quick answer

wefox raised $650 Million in a Series C round, dated June 1, 2021. wefox is based in Berlin, Berlin, Germany.

How much did wefox raise?
wefox raised $650 Million in a Series C round on June 1, 2021.
What does wefox do?
wefox, founded in 2015, is a European insurtech company on a mission to empower insurance by driving the digital transformation of the industry.
Where is wefox based and how big is it?
wefox is based in Berlin, Berlin, Germany. Fundz records about 415 employees.
Who are the decision-makers at wefox?
Fundz holds 1 contact at wefox. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurance and Software around the same time

Companies in the same sectors as wefox that raised within 45 days of this round, from Fundz verified event records.

  • CERTIFICIAL, INC. raised $5.8M on June 21, 2021.
  • CERTIFICIAL, INC. raised $5.8M (Series A) on June 8, 2021.
  • Crusoe raised $128M on April 26, 2021.
  • Ory Corp. raised $21M on July 16, 2021.
  • Burro raised $17M on July 16, 2021.
  • B2Digital, Inc. raised $180K (Pre-Seed) on July 16, 2021.

Who to call at wefox, and when

A new round usually means wefox is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day wefox raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at wefox, from your own LinkedIn network

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Company Information

Company

wefox

Location

Berlin, Berlin, Germany

About

wefox, founded in 2015, is a European insurtech company on a mission to empower insurance by driving the digital transformation of the industry. The company enables seamless collaboration among insurers, brokers, and customers, streamlining processes and enhancing efficiency across the insurance ecosystem.

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Fundz sees it the moment wefox raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.