Frankfurt-based insurtech Thinksurance raises €13 million in Series B funding | EU-Startups
Summary
This funding will give Thinksurance more power to scale at speed, double its headcount in 2020 and expand into new international markets. “We are really excited to partner with Eight Roads Ventures, who have shown trust in our team and business model and have an in-depth understanding of our industry,” saidFlorian Brokamp, CEO and co-founder of Thinksurance. “We are in a situation where we do not necessarily need any funding, however, Eight Roads Ventures brings a strong global network and track record of helping companies scale, while enabling management to maintain independent decision-making. Together, we are focused on building a sustainable business for the long-term that will have a positive and transformational effect on our industry.” “The Thinksurance team is the perfect combination of bright and ambitious,” said Lucile Cornet from Eight Roads Ventures, will join the board. By creating an environment which minimises friction, speeds up processes and enables new data driven insights, Thinksurance adds value for both insurers and distributors.