Digital insurance company Getsafe raised $30 million (USD) in its Series B funding. This brings Getsafe’s total funding to $53 million (USD), making it one of Europe’s best funded insurtechs. Swiss Re’s iptiQ led the round, while existing investors, including Earlybird, CommerzVentures, btov Partners and Capnamic Ventures, also participated. Getsafe will use the fresh capital to build on its position as the best-selling insurance brand amongst millenials in Germany and to expand into additional European markets.
Digital insurance provider Getsafe has teamed up with the market-leading price comparison website GoCompare. This makes Getsafe’s app-based insurance more accessible to the UK market and is a step towards introducing a new level of innovation to the insurance industry in the country.
Digital insurance provider Getsafe expands its product portfolio with car insurance. With the first car insurance optimised for smartphones, Getsafe is serving consumers with a preference for digital channels. The company’s approach is to offer insurance that’s fun and that everyone understands.