Wefox secures $110mn from Series D extension round and credit facility
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Wefox secures $110mn from Series D extension round and credit facility

Abbie Wood
17 May 2023
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Berlin-based InsurTech Wefox has secured $55mn from the second closing of a Series D extension round, alongside a $55m credit facility from JP Morgan and Barclays in a revolving credit facility.

The second close of the Series D from new and existing investors comes less than a year after the InsurTech raised $400mn in the first closing of its Series D funding round led by Mubadala Investment Company, which increased...

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