HomeBankingLuko: Raises $60 million for its home insurance products

Luko: Raises $60 million for its home insurance products

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  • French startup Luko has raised a $60 million Series B funding round (€50 million)
  • The round is led by EQT Ventures, with existing investors Accel, Founders Fund and Speedinvest also participating
  • Some angel investors with a background in insurance and technology are also investing in the startup
  • Luko is selling home insurance products for both homeowners and renters
  • In addition to a speedy on-boarding process, Luko has been refining its insurance product to make the experience better for the client
  • In order to speed up repayments, Luko can send you money through Lydia, the leading peer-to-peer payment app in France
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