German Startup Clark Raises $29M in Series B

Clark, the Berlin-based insurance management app established in 2015, has raised $29 million in a Series B round, bringing its total funding to date to $43.8M. “I’m proud of the entire team. In the next few years, we will continue our growth increase and establish digital insurance management as standard in Europe” – cofounder and CEO, Dr. Christopher Oster.

According to the startup, it was able to acquire ~100K customers; making it “one of the largest insurtechs in Europe”. Also, Clark has partnered with mobile banking app N26 and Dutch bank NIBC Direct to allow customers to enjoy its insurance management app.