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HomeFinTechGetsafe: Raises USD 30M in Series B Funding

Getsafe: Raises USD 30M in Series B Funding

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  • Getsafe, a Heidelberg, Germany-based insurtech company, raised USD 30m in Series B funding earlier in December 2020
  • The round was led by IptiQ, a subsidiary of Swiss Re with whom the startup already launched a mobile-first car insurance product last month
  • The company, which now has received a total of $53m (USD), intends to use the funds to continue to expand operations and its business reach
  • Co-founded by Christian Wiens and Marius Simon, Getsafe is a fully digital insurance company that allows people to cover themselves from their smartphone
  • Using technology, the company offers renters, legal, and car insurance. The app is available to customers 24/7 and 365 days a year
  • Together with iptiQ, the company recently launched digital car insurance optimized for smartphones in Germany

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