Simplesurance

Berlin, Germany Founded: 2012 • Age: 14 yrs Acquired By Allianz X
Point-of-sale insurance solutions are provided to e-commerce and retail businesses.
Annual revenue $8.3M Latest available
Total funding $61.7M 6 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Simplesurance

Simplesurance is a company based in Berlin (Germany) founded in 2012 by Robin von Hein and Joachim von Bonin was acquired by Allianz X in September 2022. Simplesurance has raised $61.68 million across 6 funding rounds from investors including Rakuten, Allianz and Tokio Marine Holdings. Simplesurance operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and Joshu, among others.

  • Headquarter Berlin, Germany
  • Founders Robin von Hein, Joachim von Bonin
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $8.28 M (USD)
    -18
    as on Dec 31, 2020
  • Net Profit
    -$7.91 M (USD)
    -1
    as on Dec 31, 2020
  • EBITDA
    Not available
  • Total Equity Funding
    $61.68 M (USD)

    in 6 rounds

  • Latest Funding Round
    $18.18 M (USD), Series D

    Dec 07, 2020

  • Investors
    Rakuten

    & 8 more

  • Employee Count
    Not available
  • Acquired by
    Allianz X

    (Sep 29, 2022)

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Funding Insights of Simplesurance

Simplesurance has successfully raised a total of $61.68M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $18.18 million completed in December 2020. 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.

Investors in Simplesurance

Simplesurance has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Rakuten, Allianz and Tokio Marine Holdings.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Startups are funded via venture capital by Allianz-backed Allianz X.
Locked Locked Locked
Venture capital firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors
Locked Locked Locked
Early, growth & late stage VC firm investing in the US
Locked Locked Locked
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Investor details for Simplesurance

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  • Investor domains
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Investments & Acquisitions by Simplesurance

Investments
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Investment portfolio details for Simplesurance

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  • Transaction dates
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Financial Statements - Simplesurance

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Detailed financials for Simplesurance

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Simplesurance Comparisons

Simplesurance Primary company
Description
Point-of-sale insurance solutions are provided to e-commerce...
Location
Berlin, Germany
Founded Year
2012
Annual Revenue
$8.28 M (USD)
Net Profit
-$7.91 M (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Simplesurance

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Competitors of Simplesurance

Simplesurance 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 Noyo, Px, GoHealth, Zelros and Joshu, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Insurance data exchange and benefit administration solutions for employers
Locked Locked Locked
Lead exchange platform is operated as SaaS for advertisers.
Locked Locked Locked
Healthcare insurance solutions are offered via a digital platform.
Locked Locked Locked
AI-based solutions for insurance sales and marketing are provided.
Locked Locked Locked
Digital distribution and sales solutions for insurance carriers are provided.
Locked Locked Locked
Provider of automated sales and commission payment platform for insurance and financial products
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Detailed competitors of Simplesurance

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Latest news on Simplesurance

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Complete news archive for Simplesurance

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Frequently Asked Questions about Simplesurance

Simplesurance was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Simplesurance is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Robin von Hein is the current CEO of Simplesurance. They have also founded this company.

Simplesurance is a funded company, having raised a total of $61.68M across 6 funding rounds to date.

Annual revenue of Simplesurance is $8.28M as on Dec 31, 2020.

Simplesurance offers insurance solutions to e-commerce and retail businesses. It provides insurance for device, home appliance, car, pet, travel, cyber, etc. It enables cross-selling of insurances at point of sale at e-commerce sites by integrating at the checkout process. It provides product insurance to consumers through local retail stores. It offers a digital broker solution which enables consumers to manage their policies digitally and can be accessed via mobile or web app. Consumers can also reach their personal broker via phone, in-app chat or email. The solution can be integrated through web plugin, partner portal, API plugin or white-label shop.

Simplesurance's top competitors include Zelros, GoHealth and Px.

Simplesurance has 9 investors. Key investors include Rakuten, Allianz, Tokio Marine Holdings, Oddo BHF, and Allianz X.

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