About Friendsurance
Friendsurance is a Technology company based in Berlin (Germany) founded in 2010, and was acquired by Cover Genius in July 2026. Digital insurance solutions for banks and insurers are provided. It operates in the Technology and Financial Services sectors. Friendsurance offers products and services including Bancassurance Platform and Handyversicherung. Its focus areas include Enterprise Applications, Customer Service Software, Industry Specifc and Banking. Its competitors include Cognigy and Etherisc; 1 of its 2 listed competitors has raised funding.
Company details
Friendsurance was founded in 2010 in Berlin, Germany, within the digital insurance sector. A platform is offered to banks for integrating insurance products, which supports customer loyalty. Insurers are assisted through digitalization processes and revenue generation from financial data analysis. Operations include automated contract verification, transparent overviews, independent advice, and online scheduling. PSD2 functionality and machine learning are utilized for data extraction and advisory support.
- Headquarters Berlin, Germany
- Stage Acquired
- SectorsTechnologyFinancial Services
- Email••••••••
- Phone•••• ••••
- Website friendsurance.com
- Social LinkedIn X Facebook Instagram
- Acquired by Cover Genius (Jul 2026)
- InvestorsCover Genius
& 4 more
- Acquired byCover Genius
(Jul 2026)
Products & Services of Friendsurance
Friendsurance offers a comprehensive portfolio of products and services, including Bancassurance Platform and Handyversicherung.
Digital tool for banks to offer insurance products and services.
B2C mobile insurance solution for consumer protection.
Funding Insights of Friendsurance
- Total Rounds 6
- Investors Count 4
All 6 funding rounds of Friendsurance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | Unspecified | – | – | ||
| Mar 2016 | $15.3M | Unspecified | – | – | |
| Mar 2016 | Unspecified | – | – | ||
| Jun 2014 | Unspecified | – | – | ||
| Apr 2014 | Unspecified | – | – | ||
| Jun 2012 | Unspecified | – | – | – |
5 investors in total: 5 institutional.
Investors in Friendsurance
Friendsurance has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Cover Genius, Round2 Capital Partners and Horizons Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Horizons Ventures is focused on investing in deep science and technology. | horizonsventures.com | Hong Kong, China | ||
VC firm investing in early & growth stage tech companies in Europe | german-startups.com | Frankfurt Am Main, Germany | ||
| vantageasset.com | ||||
Revenue-based investments are managed by this private debt fund. | 2015 | round2cap.com | Vienna, Austria | |
Software suite for insurance distribution and management is provided. | 2014 | covergenius.com | New York, United States |
Investor details for Friendsurance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of Friendsurance
4 dated milestones of Friendsurance across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Friendsurance is founded.
- Funding First funding round.
- Funding Latest funding round, Unspecified,.
- Exit Acquired by Cover Genius.
Competitors of Friendsurance
Friendsurance has 2 listed competitors in our database, 1 of them funded. They include Cognigy and Etherisc.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cognigy.com | 2016 | Dusseldorf, Germany | $165M | 98 | Cognigy is recognized for developing conversational AI solutions for customer service. | |
| etherisc.com | 2016 | Munich, Germany | Blockchain-based decentralized insurance applications are developed for insurers. |
Detailed competitors of Friendsurance
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Web traffic of Friendsurance
Websites that share an audience with Friendsurance (friendsurance.com).
Websites whose visitors overlap most with Friendsurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
businessinsurance.com | businessinsurance.com | 100% | #469,377 | – | |
| travelers.com | 97% | 3.1M | #11,663 | View details | |
| fitchlearning.com | 58% | 135.7K | #258,875 | View details | |
marketforce.eu.com | marketforce.eu.com | 57% | – | ||
 cestpasmonidee.blogspot.fr | cestpasmonidee.blogspot.fr | 56% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Friendsurance
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- Audience overlap
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Related news about Friendsurance
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Frequently Asked Questions about Friendsurance
Friendsurance was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Friendsurance is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Friendsurance was founded in 2010 in Berlin, Germany, within the digital insurance sector. A platform is offered to banks for integrating insurance products, which supports customer loyalty. Insurers are assisted through digitalization processes and revenue generation from financial data analysis. Operations include automated contract verification, transparent overviews, independent advice, and online scheduling. PSD2 functionality and machine learning are utilized for data extraction and advisory support.
Friendsurance offers Bancassurance Platform and Handyversicherung.
Friendsurance has 5 investors. Key investors include Cover Genius, Round2 Capital Partners, Horizons Ventures, German Startups Group, and Vantage.
Yes. Friendsurance was acquired by Cover Genius in July 2026.