FRIDA - Free Insurance Data Initiative

Koln, Germany Founded: 2018 • Age: 8 yrs
Non-profit organization standardizing APIs for insurance data sharing and digital ecosystems.

About FRIDA - Free Insurance Data Initiative

FRIDA - Free Insurance Data Initiative is a company based in Koln (Germany) founded in 2018. It operates as a B2B, and B2P. FRIDA - Free Insurance Data Initiative offers products and services including PensionAPI, Health-CareAPI, Car-ClaimsAPI, and CyberAPI. FRIDA - Free Insurance Data Initiative operates in a competitive market with competitors including Wefox, Earnix, Neodigital, mailo and InsureQ, among others.

  • Headquarter Koln, Germany
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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  • Legal Name Frida E.V.
Operational Areas
Financial Services → Capital Markets & Trading
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of FRIDA - Free Insurance Data Initiative

FRIDA - Free Insurance Data Initiative offers a comprehensive portfolio of products and services, including PensionAPI, Health-CareAPI, Car-ClaimsAPI, and CyberAPI. 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.

Primary

Provides data for pension transparency and management in insurance.

Facilitates health insurance contracts and integrated services exchange.

Enables data exchange for insurance claims in automotive scenarios.

Standardizes risk indicators for cyber insurance and data sharing.

Funding Insights of FRIDA - Free Insurance Data Initiative

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

Investments & Acquisitions by FRIDA - Free Insurance Data Initiative

Investments
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 - FRIDA - Free Insurance Data Initiative

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Frida - Free Insurance Data Initiative Comparisons

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Competitors of FRIDA - Free Insurance Data Initiative

FRIDA - Free Insurance Data Initiative 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 Wefox, Earnix, Neodigital, mailo and InsureQ, 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 P&C insurance comparison platform for individuals
domain founded_year HQ Location
AI based marketing analytics and data monitoring solutions for insurers and banks
domain founded_year HQ Location
Property and casualty insurance is provided online to individuals.
domain founded_year HQ Location
Online insurance quotes are offered for businesses and freelancers.
domain founded_year HQ Location
Business insurance plans are provided via an online platform.
domain founded_year HQ Location
Online insurance platform for individual coverage is operated.
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 Frida - Free Insurance Data Initiative

Frequently Asked Questions about FRIDA - Free Insurance Data Initiative

When was FRIDA - Free Insurance Data Initiative founded?

FRIDA - Free Insurance Data Initiative was founded in 2018.

Where is FRIDA - Free Insurance Data Initiative located?

FRIDA - Free Insurance Data Initiative is headquartered in Koln, Germany. It is registered at Koln, Nordrhein-westfalen, Germany.

What does FRIDA - Free Insurance Data Initiative do?

FRIDA is a non-profit association in Germany that develops standardized interfaces for insurance data exchange, enabling digital ecosystems similar to open banking. It collaborates with insurers, third-party providers, and consumers to foster transparency and innovation through open-source approaches. Based in Köln, FRIDA focuses on use cases like pension and health care, supporting data sovereignty and efficient transactions while adhering to security standards.

Who are the top competitors of FRIDA - Free Insurance Data Initiative?

FRIDA - Free Insurance Data Initiative's top competitors include Wefox, Earnix and Neodigital.

What products or services does FRIDA - Free Insurance Data Initiative offer?

FRIDA - Free Insurance Data Initiative offers PensionAPI, Health-CareAPI, Car-ClaimsAPI, and CyberAPI.

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