Thinksurance raises €22 million

German insurance startup Thinksurance has raised €22 million in a new round of funding led by Viewpoint Ventures and M-Tech Capital, with participation from Segenia Capital, Eight Roads Ventures, and Columbia Lake Partners. The startup was able to “significantly increase” its valuation despite the changed market environment.

Founded in 2015, Thinksurance provides a variety of digital commercial insurance solutions to help intermediaries sell and service customers more efficiently. The startup has partnerships with Allianz, AXA and HDI, and over 50k intermediaries use the platform.

“We are thrilled with the confidence that both our new and existing investors are placing in Thinksurance and see this funding round as an important endorsement of our achievements to date. Especially in this challenging market environment of the last 12 months, we have managed to set up an extraordinary round. With the fresh capital, we will continue to expand and improve the offering for our partners.” – Florian Brokamp, ​​CEO and co-founder of Thinksurance.

“Thinksurance quickly established itself as a pioneer in the field of digital insurance advice. We are impressed by the innovative strength and growth potential of the company. We look forward to accompanying Thinksurance on their journey and are confident that they will transform the insurance industry with their innovative approach.” – Carsten Radtke, general partner of Segenia Capital.