wefox
wefox.com
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Financial Services
Property & Casualty Insurance
Insurance Brokers & Agencies
InsurTech
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Overview
wefox is a Berlin insurance technology company founded in 2015 that distributes policies through advisers rather than direct to consumers. Its platform equips brokers with digital tools and it also carries risk through its own insurer. The company became one of the most highly valued European insurtechs before restructuring its operations.
News
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox, which sells insurance plans online, raised $55 million in debt financing from Deutsche Bank and Unicredit, sources familiar with the matter told CNBC.
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wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
wefox has secured US$55m credit facility from J.P. Morgan and Barclays alongside a $55m second close in its Series D from existing and new investors
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CEO of $4.5 billion tech firm slams his peers over layoffs: 'These are humans'
The boss of European digital insurance startup Wefox decried how tech companies have laid off workers en masse.
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Berlin's booming $18 billion tech scene birthed unicorns like N26 and Trade Republic. Now, founders want the government to help fuel the city's growth.
Unicorns like N26, Trade Republic, and WeFox are part of a new wave of highly successful startups coming out of Germany.
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Insurance app Lemonade looks set to drop lawsuit against Germany's Wefox
Lemonade, the New York-based insurance platform, looks set to drop the lawsuit it filed against German company ONE Insurance, its parent company Wefox,
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Lemonade files lawsuit against wefox for IP infringement
Lemonade, the insurance platform based out of NYC, has filed a lawsuit against German company ONE Insurance, its parent company wefox, and founder Julian
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Wefox acquires digital insurance carrier One
Wefox, the insurance platform that enables customers, insurance brokers and insurance providers to transact and manage insurance products digitally, has acquired One, a fully digital and newly launched insurance provider.
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People
Joachim Müller
Chief Executive Officer
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Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Berlin
Germany
HQ
Financials
Total raised
$110M
Latest round
Debt Financing
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Debt Financing | 2023 | $110M | Details |