wefox
Active 🦄 UnicornReinventing insurance at scale.
wefox Germany GmbH
About wefox
wefox Group is the #1 European InsurTech - founded in 2015 by Julian Teicke, Dario Fazlic, Fabian Wesemann and Teodoro Martino. It operates two businesses:
wefox:
Platform that connects insurance companies to brokers that manage and consult their customers completely digital. Wefox currently features more than 300 insurance companies on the marketplace and serves 2 million consumers in Europe.
ONE:
First fully digital European insurance company. The vision is to create single protection for all risks in life in real-time based on actually exposed risk. ONE is fully integrated into the wefox platform.
Former name: Finance Fox
SFCR and annual reports
Funding
€1.5bn
Total raised
€4.3bn
Valuation
| Round | Year | Amount |
|---|---|---|
| Latest round | 2025 | €151m |
| Round −1 | 2024 | €25m |
| Round −2 | 2023 | €153m |
| Round −3 | 2022 | €400m |
| Round −4 | 2021 | €532m |
| Round −5 | 2019 | €200m |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | €1.6m | €-3.6m |
| 2019 | — | €-2.9m |
| 2020 | €119m | €-100k |
| 2021 | €320m | €-25.4m |
| 2022 | €587m | €-36.2m |
| 2023 | €757m | — |
Latest news
- https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherung-wefox-braucht-notfinanzierung-in-hoehe-von-15-millionen-euro/100212237.html?mc_cid=2293358a19&mc_eid=f1b5b10ca7
- https://www.handelsblatt.com/finanzen/banken-versicherungen/versicherer/versicherungen-insurtech-wefox-bekommt-finanzspritze-von-151-millionen-euro/100139911.html
- https://www.manager-magazin.de/unternehmen/tech/wefox-mark-hartigan-warnt-investoren-offenbar-vor-drohender-insolvenz-a-950b39c6-b571-4d99-be98-af45554e8c42?mc_cid=82324920a4&mc_eid=f1b5b10ca7
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