About WeGroup
WeGroup is a company based in Ghent (Belgium) founded in 2017. WeGroup has raised $5.96 million across 4 funding rounds from investors including Truffle Capital, Seeder Fund and Huge Thing. WeGroup offers products and services including Louise voor makelaars and Toolkit for makelaars. WeGroup operates in a competitive market with competitors including Covr, Optalitix, FairDee, InsureZone and Direct Assurance, among others.
- Headquarter Ghent, Belgium
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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
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- Legal Name Wegroup
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.96 M (USD)
in 4 rounds
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Latest Funding Round
$3.54 M (USD), Series A
Aug 24, 2020
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Investors
Truffle Capital
& 4 more
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Employee Count
Employee Count
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Products & Services of WeGroup
WeGroup offers a comprehensive portfolio of products and services, including Louise voor makelaars and Toolkit for makelaars.
Platform for efficient insurance advice and client management tools.
Tool to aggregate public data for better insurance recommendations.
People of WeGroup
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Funding Insights of WeGroup
WeGroup has successfully raised a total of $5.96M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.54 million completed in August 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $3.5M
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First Round
First Round
(07 Jan 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series A - WeGroup | Valuation | Truffle Capital , Seeder Fund |
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| Aug, 2019 | Amount | Seed - WeGroup | Valuation |
investors |
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| Mar, 2019 | Amount | Seed - WeGroup | Valuation | Huge Thing |
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Investors in WeGroup
WeGroup has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Truffle Capital, Seeder Fund and Huge Thing.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Truffle Capital is recognized as a leading European venture capital firm.
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Founded Year | Domain | Location | |
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Venture debt is provided to tech start-ups based in Belgium.
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Founded Year | Domain | Location | |
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Huge Thing is engaged in innovation management and startup acceleration.
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Founded Year | Domain | Location |
Investments & Acquisitions by WeGroup
Financial Statements - WeGroup
Wegroup Comparisons
Competitors of WeGroup
WeGroup 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 Covr, Optalitix, FairDee, InsureZone and Direct Assurance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI & cloud-based insurance quoting solutions for the insurance industry
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| domain | founded_year | HQ Location |
AI consulting and data analytics services are offered to businesses.
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| domain | founded_year | HQ Location |
Provider of insurance quoting software
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| domain | founded_year | HQ Location |
Online quoting platform and tools for agents and brokers
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| domain | founded_year | HQ Location |
Offers online insurance for vehicles, homes, motorcycles, and health coverage.
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Latest news on Wegroup
Frequently Asked Questions about WeGroup
WeGroup was founded in 2017 and raised its 1st funding round 2 years after it was founded.
WeGroup is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
WeGroup is a funded company, having raised a total of $5.96M across 4 funding rounds to date.
WeGroup was established in 2017 in Ghent, Belgium, focusing on the insurance sector. Quoting software tailored for the industry is supplied, along with a virtual assistant called Louise that supports risk analysis, document management, and product comparison. Additional tools for customer management, claims processing, and insurance reporting are offered to streamline operations in the field.
WeGroup's top competitors include Optalitix, Covr and WatchTower.
WeGroup offers Louise voor makelaars and Toolkit for makelaars.
WeGroup has 5 investors. Key investors include Truffle Capital, Seeder Fund, Huge Thing, BAN Flanders, and imec.istart.