wefox
A category-defining insurtech platform that is connecting insurance companies, distributors, and customers, to give the world simple access to digital insurance solutions.
Launch date
Employees
Market cap
-
Enterprise valuation
€4.1b (Public information from May 2023)
Company register number HRB 230974 B (Charlottenburg (Berlin))
Vaduz Oberland (HQ), Canton of Zürich Switzerland (founding location)
Financials
Estimates*
EUR | 2018 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.0m | 143m | 450m | 900m | 982m |
% growth | - | - | 215 % | 100 % | 9 % |
EBITDA | (9.2m) | - | - | - | - |
% EBITDA margin | (462 %) | - | - | - | - |
Profit | (9.3m) | - | - | - | - |
% profit margin | (463 %) | - | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
CHF5.5m | Seed | ||
* | $30.0m | Series A | |
$125m | Series B | ||
* | $110m Valuation: $1.8b 800.0x EV/LTM Revenues -173.2x EV/LTM EBITDA | Series B | |
$650m Valuation: $3.0b 19.1x EV/LTM Revenues | Series C | ||
* | $400m Valuation: $4.5b 9.1x EV/LTM Revenues | Series D | |
* | $55.0m Valuation: $4.5b 4.5x EV/LTM Revenues | Series D | |
* | $55.0m | Debt | |
* | $55.0m | Convertible | |
* | $26.8m | Convertible | |
Total Funding | €1.3b |
Recent News about wefox
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Investments by wefox
EditACQUISITION by wefox Jun 2017