wefox Revenue and Competitors

Berlin, Germany

Location

$1.3B

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • wefox's estimated annual revenue is currently $298.9M per year.(i)
  • wefox's estimated revenue per employee is $314,600
  • wefox's total funding is $1.3B.
  • wefox's current valuation is $4.5B. (July 2022)

Employee Data

  • wefox has 950 Employees.(i)
  • wefox grew their employee count by 0% last year.

wefox's People

NameTitleEmail/Phone
1
Founder & CRO, Member the BoardReveal Email/Phone
2
FounderReveal Email/Phone
3
Co-founder & Group CFOReveal Email/Phone
4
Chief Scientist - Head Advanced InnovationReveal Email/Phone
5
Strategy Manager to the Chief Insurance & Distribution OfficerReveal Email/Phone
6
Chief Staff to the Country Lead AustriaReveal Email/Phone
7
Head Finance Systems and ProcessesReveal Email/Phone
8
Head Intermediary NetworkReveal Email/Phone
9
Head IT OrganizzationReveal Email/Phone
10
Head Customer Sales & Legal ATReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$107.9M12604%$481.5M$2.2B
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What Is wefox?

The InsurTech wefox is a digital platform that connects insurance providers, distributors and customers. It was founded by Julian Teicke, Dario Fazlic, Fabian Wesemann and Teodoro Martino in 2014. It is currently headed by Tasos Chatzimichailidis. The company has set out to reinvent the way people experience insurance: by simplifying its complexities, ensuring total transparency and eliminating inconvenience. wefox knows that 91% of all insurance products are still sold by human agents. That's why it focuses on brokers as the most important distribution channel. The platform has become a trusted digital home for the insurance industry. wefox is a technology, services and data company that has build the underlying platform for the insurance ecosystem of the future. It is able to provide its service for all insurance companies in the market.

keywords:N/A

$1.3B

Total Funding

950

Number of Employees

$298.9M

Revenue (est)

0%

Employee Growth %

$4.5B

Valuation

N/A

Accelerator

wefox News

2022-03-22 - Otonomo, Henshin and wefox Collaborate to Empower Fleet ...

wefox is a full-stack digital insurance company driven by a single purpose: to make people safe and prevent risk by reinventing insurance at...

2021-06-01 - Digital insurance company wefox raises $650 million at a valuation of $3 billion

The financing round is the largest for an insurtech globally and one of largest series C rounds ever recorded. Wefox intends to invest the proceeds in strengthening its presence in existing markets and expanding globally within the next two years. Julian Teicke, CEO and founder of wefox, said: ...

2021-06-01 - Berlin’s insurtech wefox pulls home $650 million, now valued at $3 billion

Berlin-based digital insurance company wefox has raised $650 million in a Series C round led by Target Global. The record-setting round also saw participation from new investors FinTLV, EDBI, LGT via Lightrock, Partners Group, Jupiter, Decisive Wealth, and Ace & Co. Existing investors Horizons V ...

2021-06-01 - wefox Closes $650M in Series C Funding

wefox, a Berlin, Germany-based digital insurance company, raised US$650m in Series C funding, resulting in a post-money valuation of US$3 billion. The round was led by Target Global with participation from existing investors OMERS Ventures, Gsquared, Merian, Horizons Ventures, Eurazeo, Mubadala ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
N/A96020%N/A
#2
$300M965-5%N/A
#3
N/A96632%N/A
#4
$201.3M97121%$542.8M
#5
$218.6M97639%N/A