About Flitter
Flitter is a company based in Paris (France) founded in 2021 by Jeremy Steinberg.. Flitter has raised $6.57 million across 2 funding rounds from investors including Helvetia, Stéphane Treppoz and Christophe Eberlé. Flitter offers products and services including Pay-per-Kilometer Insurance, Claims Processing App, and 24/7 Assistance Service. Flitter operates in a competitive market with competitors including Luko, Webfleet, Wilov, Datafolio and assurly, among others.
- Headquarter Paris, France
- Founders Jeremy Steinberg
-
Sectors
Transportation, Automotive & LogisticsFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Societe Par Actions Simplifiee
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$6.57 M (USD)
in 2 rounds
-
Latest Funding Round
$3.75 M (USD), Seed
Nov 06, 2023
-
Investors
Helvetia
& 11 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Flitter
Flitter offers a comprehensive portfolio of products and services, including Pay-per-Kilometer Insurance, Claims Processing App, and 24/7 Assistance Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Insurance plan adjusted by driving distance for cost savings
App for quick accident reporting and reimbursement tracking
Emergency roadside help available anytime and anywhere
Funding Insights of Flitter
Flitter has successfully raised a total of $6.57M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.75 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $3.8M
-
First Round
First Round
(27 Jan 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Flitter | Valuation | Helvetia | |
| Jan, 2022 | Amount | Seed - Flitter | Valuation | Global Founders Capital , Kima Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flitter
Flitter has secured backing from 12 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Helvetia, Stéphane Treppoz and Christophe Eberlé. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on early-stage startups
|
Founded Year | Domain | Location | |
|
Seed-stage investments in startups are provided by Kima Ventures.
|
Founded Year | Domain | Location | |
|
Insurance company
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Flitter
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Flitter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flitter Comparisons
Competitors of Flitter
Flitter operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Luko, Webfleet, Wilov, Datafolio and assurly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based insurance platform for individuals
|
|
| domain | founded_year | HQ Location |
Provides cloud-based fleet management software solutions.
|
|
| domain | founded_year | HQ Location |
Online platform for usage-based auto insurance
|
|
| domain | founded_year | HQ Location |
Provider of usage-based auto insurance solutions
|
|
| domain | founded_year | HQ Location |
Mortgage insurance solutions are provided for home financing needs.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Flitter
Frequently Asked Questions about Flitter
When was Flitter founded?
Flitter was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Flitter located?
Flitter is headquartered in Paris, France.
Is Flitter a funded company?
Flitter is a funded company, having raised a total of $6.57M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.82M, raised on Jan 27, 2022.
What does Flitter do?
Flitter was founded in 2021 in Paris, France, as an online platform in the auto insurance sector. Coverage is provided based on miles driven, with payments adjusted accordingly. Contracts and reimbursements are managed through a dedicated app. At year-end, surplus contributions are allocated to projects with positive carbon impacts following claims processing. Operations focus on individual users in the French market.
Who are the top competitors of Flitter?
What products or services does Flitter offer?
Flitter offers Pay-per-Kilometer Insurance, Claims Processing App, and 24/7 Assistance Service.
Who are Flitter's investors?
Flitter has 12 investors. Key investors include Helvetia, Stéphane Treppoz, Christophe Eberlé, Laurent Ritter, and Adrien Montfort.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.