Wefox Stock

wefox.chFinTech / InsuranceFounded: 2015Funding to Date: $274.36MM

Wefox is the developer of a platform for insurance with a marketplace designed to allow customers, brokers and insurance companies to manage their insurance and financial products and services intelligently and efficiently. This company was founded in 2015 by Julian Teicke, Fabian Wesemann, and Dario Fazlic and is headquartered in Berlin, Germany.

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Wefox investors also invested in these private companies

Regah Ventures
Samsung Catalyst Fund
Cascade Investments
Global Tech Ventures
Chrysalis Investments
Lightrock
Mundi Ventures

Team

Management Team

Fabian Wesemann
Co-Founder, Group Chief Financial Officer & Managing Director
Dario Fazlic
Co-Founder & Managing Director
Julian Teicke
Co-Founder, Chief Executive Officer, Managing Director & Board Member
Amir Suissa
Co-Founder, President & Chairman
Teodoro Martino
Co-Founder & Board Member

Board Members

Franz Salzmann
Speedinvest
Alexander Ospelt JD
Ospelt & Partner
Amer Alaily
Mubadala Capital-Ventures
Chloé Giard
Idinvest Partners
Frances Kang
Board Member
Henry Gladwyn
OMERS Ventures

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News Highlights

JPMorgan and Barclays back $4.5 billion insurance tech giant Wefox
German digital insurer Wefox said Wednesday it raised $110 million of fresh funding from backers including JPMorgan and Barclays.
Wefox secures new funding at $4.5 billion valuation as it aims for profitability
Wefox, the German insurtech startup, has closed a new funding round from existing investors. The funding amount isn’t going to impress anyone, as the company managed to secure $55 million. This could be considered as an extension of the $400 million Series D round as Wefox managed to maintain the same valuation of $4.5 billion.
Bucking Grim Fintech Trend, German Digital Insurance Provider WeFox Raises $400M For Expansion To U.S. And Asia
While most of the fintech market is suffering, WeFox’s valuation rose to $4.5B, up 50% from last year.
Updated on: Sep 23, 2023