Getsafe Raises $63M in Series B
- Getsafe, a Heidelberg, Germany-based digital insurer, raised another $63m in funding, extending its Series B to $93m
- Backers included unnamed family offices from Germany and Switzerland, as well as Earlybird, CommerzVentures, and Swiss Re
- The company plans to use the capital to fund its own insurance licence by the end of 2021 and to accelerate its European expansion
- Led by Christian Wiens, CEO & Co-Founder, The company is digitising the entire insurance process and making it accessible through its smartphone app
- Via the app, customers can buy, manage, and adapt their policies as well as file a claim on the go – all in just a few seconds
- The company began offering renters insurance in Germany in late 2017, and has expanded its product portfolio to a car insurance product at the end of last year
