About Wefox
Wefox is a company based in Berlin (Germany) founded in 2015 by Julian Teicke and Fabian Wesemann was acquired by J.C. Flowers in June 2025.. Wefox has raised $1.55 billion across 15 funding rounds from investors including Goldman Sachs, Barclays and Deutsche Bank. The company has 394 employees as of December 31, 2021. Wefox has completed 1 acquisition, including One Insurance. Wefox offers products and services including Insurance Platform. Wefox operates in a competitive market with competitors including Stubben Edge, Leocare, Thinksurance, Neodigital and Lovys, among others.
- Headquarter Berlin, Germany
- Employees 394 as on 31 Dec, 2021
- Founders Julian Teicke, Fabian Wesemann
- Stage Unicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wefox Holding Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.55 B (USD)
in 15 rounds
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Latest Funding Round
$89.14 M (USD), Series D
Jul 09, 2025
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Investors
Goldman Sachs
& 40 more
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Employee Count
394
as on Dec 31, 2021
- Investments & Acquisitions
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Acquired by
J.C. Flowers
(Jun 16, 2025)
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Products & Services of Wefox
Wefox offers a comprehensive portfolio of products and services, including Insurance Platform. 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.
Platform for managing and accessing insurance policies online
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Funding Insights of Wefox
Wefox has successfully raised a total of $1.55B across 15 strategic funding rounds. The most recent funding activity was a Series D round of $89.14 million completed in July 2025. 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 15
- Last Round Series D — $89.1M
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First Round
First Round
(12 Jan 2016)
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Debt – Conventional - Wefox | Valuation |
investors |
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| Jul, 2025 | Amount | Series D - Wefox | Valuation |
investors |
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| Jul, 2024 | Amount | Series D - Wefox | Valuation | Chrysalis |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wefox
Wefox has secured backing from 41 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Barclays and Deutsche Bank. 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 |
|---|---|---|---|---|
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Early-stage technology-driven companies are targeted for venture capital investments.
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Horizons Ventures is focused on investing in deep science and technology.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wefox
Wefox has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include One Insurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Household, travel, and private liability insurance are offered online.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wefox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wefox Comparisons
Competitors of Wefox
Wefox 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 Stubben Edge, Leocare, Thinksurance, Neodigital and Lovys, 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 |
Cloud-based management solutions are provided for insurance brokers.
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| domain | founded_year | HQ Location |
App-based P&C insurance platform for individuals is operated.
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| domain | founded_year | HQ Location |
Insurance distribution is enabled via specialized software platforms.
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| domain | founded_year | HQ Location |
Property and casualty insurance is provided online to individuals.
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| domain | founded_year | HQ Location |
App-based P&C insurance platform for individuals
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wefox
Frequently Asked Questions about Wefox
When was Wefox founded?
Wefox was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Wefox located?
Wefox is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Wefox?
Mark Hartigan is the current CEO of Wefox.
Is Wefox a funded company?
Wefox is a funded company, having raised a total of $1.55B across 15 funding rounds to date.
How many employees does Wefox have?
As of Dec 31, 2021, the latest employee count at Wefox is 394.
What does Wefox do?
Wefox was founded in 2015 in Berlin, Germany, as an insurtech platform focused on property and casualty insurance. Comparisons of quotes for motor, personal liability, and household policies are facilitated via a digital app available on Android and iOS devices. Policies can be managed online by users, with operations centered in Europe to serve individual customers seeking straightforward insurance options.
Who are the top competitors of Wefox?
Wefox's top competitors include Stubben Edge, Leocare and Thinksurance.
What products or services does Wefox offer?
Wefox offers Insurance Platform.
How many acquisitions has Wefox made?
Wefox has made 1 acquisition, including One Insurance.
Who are Wefox's investors?
Wefox has 41 investors. Key investors include Goldman Sachs, Barclays, Deutsche Bank, J P Morgan, and UniCredit.
What is Wefox's valuation?
The valuation of Wefox is $4.5B as of May 2023.
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