Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend
TechCrunch
JULY 11, 2022
Founded out of Berlin in 2015, Wefox sells various insurance products through a combination of in-house and external brokers, bypassing the direct-to-consumer model of insurtech competitors which include rival German startup Getsafe. This represents a 50% increase on last year’s $3 billion valuation at its Series C round.
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