- Luko, a Paris, France-based insurtech company that prioritizes social responsibility when protecting homes, raised €50m in Series B funding
- The round was led by EQT Ventures with participation from existing investors
- The company intends to use the funds to further invest in proprietary technology, product development, and the team
- Since launching in 2018, the founders have assembled a team of 85 people with diverse skills and experiences from leading organizations
- Luko provides a refreshing take on property insurance for renters and homeowners alike
- Luko is now the leading French neo-insurer with more than 100,000 policyholders and pan-European expansion plans
