New Funding Round for Getsafe

This enables us to make your insurance even better

Article

2 minute read

2020-12-08

Big news! We raised 30 million US dollars in our Series B funding round. Since our foundation in 2015, investors have provided Getsafe with over 53 million US dollars, which makes us one of the best-financed insurtech startups in Europe.

So, why are we sharing this? Because we want to make an impact on the insurance world – with you at our side. Our goal is to get people excited about a digital customer experience. We’re working on preventing claims before they happen.We’re continuously developing our technology to ensure claims are processed even more quickly so they can get paid within seconds.

In the past 12 months, a lot has happened. We expanded to the UK, and our team grew to 120 employees. In the midst of one of the biggest economic crises in history, we can look back on our rapid development and how we established ourselves as an insurance company for a digital-first target group. Despite this, with over 150,000 customers, we’re only at the beginning of our journey. We want to make mobile insurance the standard throughout Europe.

Swiss Re’s iptiQ led this round. In November, we jointly launched the first smartphone-optimized car insurance. With just a few clicks, you can purchase car insurance on your phone, file a claim, and manage your policies in real time.

And we’ve also set ourselves ambitious goals for the coming year. More customers, more markets, more products – to protect you and everything that is important to you.

Author: Christian