Wefox makes employees shareholders after record $650mn fundraise
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Wefox makes employees shareholders after record $650mn fundraise

Marcel Le Gouais
03 June 2021
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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).

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Marcel Le Gouais
Deputy Editor
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