Tech Company Financing Transactions
Baobab Funding Round
Baobab closed a $3.2 million financing round on 1/30/2023. Investors included Augmentum Capital.
Transaction Overview
Company Name
Announced On
1/30/2023
Transaction Type
Venture Equity
Amount
$3,248,000
Round
Undisclosed
Investors
Augmentum Capital (Lead Investor)
Proceeds Purpose
This is Augmentum's first investment in the insurtech space and its second in Germany following an investment in consumer technology subscription platform, Gover.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Leipziger Platz 3
Berlin, 10117
DE
Berlin, 10117
DE
Phone
Website
Email Address
Overview
Baobab was founded in 2021 by Anton Foth (CTO) and Vincenz Klemm (CEO). Both already successfully founded different startups and now decided to cooperate to rethink the world of cyber insurance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vincenz Klemm
Chief Technical Officer
Anton Foth
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