Wefox makes employees shareholders after record $650mn fundraise
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Wefox makes employees shareholders after record $650mn fundraise

Fabi-Julian.jpg

Berlin-based InsurTech Wefox has made every employee a shareholder, following its record-breaking Series C fundraise of $650mn this week.

After the capital raise valued the business at $3bn, Wefox founders Julian Teicke and Fabian Wesemann offered every staff member share options worth EUR5,000 ($6,103).

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article