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25 February 2018

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Simplesurance raises funding to EUR30mn

Catrin Shi 16 March 2017

InsurTech start-up Simplesurance has secured additional backing from Allianz and others to bring its total funding to EUR30mn ($32mn), it announced today.

Japanese e-commerce company Rakuten has made its first investment in the Berlin-based firm through its $100mn fintech fund.

Existing investors Allianz, Rheingau Founders and Route 66 have increased their stakes in the firm, which develops and distributes cross-selling software.

"The additional funding will support the Simplesurance group in strengthening our competitive position as a leading cross-selling provider for...

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