Tech Company Financing Transactions
wefox Funding Round
wefox, based in Berlin, secured $400 million from Mubadala, Eurazeo and Horizons Ventures.
Transaction Overview
Company Name
Announced On
7/12/2022
Transaction Type
Venture Equity
Amount
$400,000,000
Round
Series D
Investors
Proceeds Purpose
The company intends to use the funding for product development and expand across Europe and thereafter Asia and the US.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Urbanstraße 71
Berlin, 10967
Germany
Berlin, 10967
Germany
Phone
Undisclosed
Website
Email Address
Overview
wefox was founded in 2015 by Julian Teicke, Fabian Wesemann, and Dario Fazlic. wefox is a category-defining insurtech platform that is connecting insurance companies, distributors, and customers, to give the world simple access to digital insurance solutions. The goal is to keep people safe by making insurance 10x better through technology. wefox is the parent company of wefox Insurance, which is the in-house regulated insurance carrier.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
President
Amir Suissa
Browse more venture capital transactions:
Prev: 7/12/2022: Posterity Health venture capital transaction
Next: 7/12/2022: SERG Technologies venture capital transaction
Share this article
About Database of VC Transactions
Our team works diligently to report on all VC transactions involving tech companies. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs