1. Wefox
App-based P&C insurance comparison platform for individuals
unicorn
- Founded Year
- 2015
- Investors
Deutsche Bank, Barclays
and 57 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 74/100What is this?
- Stage
- Series D
- Competitors Rank
- 1 of 60 Competitors
- Funding
- $1.52B
App-based P&C insurance comparison platform for individuals. It offers quotes for motor, personal liability and household insurances. It offers a platform for users to manage policies digitally. The app is available for Android and iOS platforms.
2. Element
Insurance as a service platform offering private property and casualty insurance
soonicorn
- Founded Year
- 2016
- Investors
Global Brain, SBI
and 15 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 57/100What is this?
- Stage
- Series B
- Competitors Rank
- 1 of 17 Competitors
- Funding
- $90.2M
Insurance as a service platform offering private property and casualty insurance. It offers a modular insurance API engine that enables digital businesses to launch custom insurance products. Businesses can use the white-label platform for real-time price calculation, underwriting, or mid-term policy adjustment.
3. Coya
Online platform that provides usage-based insurances
- Founded Year
- 2016
- Investors
Headline, InsurTech Directory
and 13 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 51/100What is this?
- Stage
- Acquired
- Competitors Rank
- 1 of 17 Competitors
- Funding
- $40M
Online platform that provides usage-based insurances. It offers insurance solutions for bicycles, e-bike, dog liability, household, personal liability, and more. It offers coverage for theft, fire, storm & hail, water, and burglary & robbery. It offers customizable policies on a monthly basis.
4. omni:us
AI-based claims management solutions for the insurance industry
soonicorn
- Founded Year
- 2015
- Investors
Plug and Play Tech Center, Target Global
and 20 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 50/100What is this?
- Stage
- Series A
- Competitors Rank
- 3 of 112 Competitors
- Funding
- $52.7M
AI-based claims management solutions for the insurance industry. It offers products for reduced bounce rate from online claims, coverage checks for automation procedures in the claims handling process, claims indexation for claims document management, and completeness checks for real-time claims settlement. It provides access to structured data to mitigate risk and prevent leakage through advanced predictive analysis.
5. Simplesurance
Point of sale insurance solutions
- Founded Year
- 2012
- Investors
KfW, German Startups Group
and 25 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 50/100What is this?
- Stage
- Acquired
- Competitors Rank
- 8 of 314 Competitors
- Funding
- $78.2M
Simplesurance offers insurance solutions to e-commerce and retail businesses. It provides insurance for device, home appliance, car, pet, travel, cyber, etc. It enables cross-selling of insurances at point of sale at e-commerce sites by integrating at the checkout process. It provides product insurance to consumers through local retail stores. It offers a digital broker solution which enables consumers to manage their policies digitally and can be accessed via mobile or web app. Consumers can also reach their personal broker via phone, in-app chat or email. The solution can be integrated through web plugin, partner portal, API plugin or white-label shop.
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation and more
6. Teraki
Provides AI-enabled edge processing platform for automotive industry
minicorn
- Founded Year
- 2014
- Investors
Paladin Capital, Alumni Ventures
and 18 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 49/100What is this?
- Stage
- Series A
- Competitors Rank
- 3 of 14 Competitors
- Funding
- $16.3M
Teraki provides an AI-enabled edge processing platform for the automotive industry. It offers embedded software that works as an enabler for current and future IoT/M2M applications. It claims that its solutions reduce the amount of data generated by sensors by up to a factor 10 without compromising its quality. The solution enables the applications to pre-process the sensor data for better decision making. It embeds on one side in the CPU & RAM-constrained chipsets of cars and integrates on the other side at a customer’s backend for the storage, labelling, training, and analysis of reconstructed or reduced data.
7. Friendsurance Business
White-label solutions for insurance businesses
minicorn
- Founded Year
- 2010
- Investors
Horizons Ventures
and 1 Other
- Location
- Berlin (Germany)
- Tracxn Score
- 39/100What is this?
- Stage
- Series A
- Competitors Rank
- 51 of 466 Competitors
- Funding
- $15.3M
Friendsurance Business is a white-label platform offering diversified solutions to insurance businesses. It is based on a flexible business model and offers tech solutions for issuing policies, handling payments, curating & optimizing policies, and a simple sign-in process.
8. EMIL
Provider of usage-based auto insurance
- Founded Year
- 2017
- Investors
10x Value Partners, Schumpeter Ventures
and 2 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 34/100What is this?
- Stage
- Funding Raised
- Competitors Rank
- 4 of 17 Competitors
Provider of usage-based auto insurance. It offers two types of policies- liability partial coverage for loss or damage and liability fully comprehensive for loss, damage, and accidental coverage. Its policy management app facilitates the claim, breakdown, and customer services like GPS tracking, nearby gas station locator, and online parking tickets.
9. FinanceAds
Marketing campaigns and advertising solutions for banks and insurance industry
- Founded Year
- 2014
- Investors
FinLeap, Vealo Ventures
and 3 Others
- Location
- Berlin (Germany)
- Tracxn Score
- 28/100What is this?
- Stage
- Funding Raised
- Competitors Rank
- 202 of 2,409 Competitors
Marketing campaigns and advertising solutions for banks and the insurance industry. It offers solutions for GDPR-compliant tracking, real-time statistics, products comparison calculator, and more. It also offers advertising material for users.
10. muffin
Platform developing software for insurance sectors
- Founded Year
- 2021
- Investors
Techstars
and 1 Other
- Location
- Berlin (Germany)
- Tracxn Score
- 26/100What is this?
- Stage
- Seed
- Competitors Rank
- 25 of 65 Competitors
- Funding
- $20K
Platform developing software for insurance sectors. It offers multiple insurance services including liability insurance, travel insurance, and legal protection insurance.