Wefox Attracts €151M Investment to Boost Profitability by 2025
Summary
Wefox secured €151 million in new capital through existing investors and a refinancing credit facility. The company plans to use the funds to strengthen operations in Austria, the Netherlands, and Switzerland. It also aims to expand its asset-light MGA model and smart distribution internationally while targeting profitability by 2025. The refinancing reshaped the board, with new representation from Searchlight Capital Partners and Wefox’s CEO, while several founders stepped down.
Funding
Amount
$89.4M
Total raised
Date
July 7, 2025
Announcement date
Investors
Searchlight Capital Partners
Lead investors
Company
https://www.wefox.com
Funded company
Classifications
industries
InsurTech
applications
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