Wefox Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
1,300
- Latest Deal Type
-
Buyout/LBO
- (Upcoming)
- Investors
-
67
Wefox General Information
Description
Developer of a comparison platform designed to manage insurance products. The company's platform offers a range of options including policy management, claims settlement services, and quotations for health, liability, and disability insurance, enabling customers to receive personalized and suitable coverage.
Contact Information
Website
www.wefox.comCorporate Office
- Am Karlsbad 16
- 10785 Berlin
- Germany
Corporate Office
- Am Karlsbad 16
- 10785 Berlin
- Germany
Wefox Timeline
Wefox Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Buyout/LBO (Add-on) | Upcoming | Generating Revenue | ||||
| 13. Debt Refinancing | 27-Dec-2024 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 28-Jun-2024 | Completed | Generating Revenue | |||
| 11. Debt - Acquisition | 03-Nov-2023 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series D) | 14-Feb-2023 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 22-Jul-2022 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C) | 01-Jun-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 29-Oct-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 11-Dec-2019 | $235M | $274M | Completed | Generating Revenue | |
| 5. Debt - General | 09-Nov-2017 | $5.86M | $39.4M | Completed | Generating Revenue |
Wefox Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Preferred C2 | ||||||||
| Preferred C2 | ||||||||
| Preferred C2 | ||||||||
| Preferred C1 | ||||||||
| Preferred B4 | ||||||||
| Preferred B2 | ||||||||
| Preferred B3 | ||||||||
| Preferred B2 | 827,400 | $0.023301 | $15.84 | $15.84 | 1x | $15.84 | 2.58% | |
| Preferred B1 | 2,375,000 | $0.023301 | $15.84 | $15.84 | 1x | $15.84 | 7.4% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Wefox Comparisons
Industry
Financing
Details
Wefox Competitors (11)
One of Wefox’s 11 competitors is CHECK24, a Private Equity-Backed company based in Munich, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CHECK24 | Private Equity-Backed | Munich, Germany | ||||
| Slice (New York) | Venture Capital-Backed | New York, NY | ||||
| Benefix | Venture Capital-Backed | Lancaster, PA | ||||
| Clark | Venture Capital-Backed | Frankfurt, Germany | ||||
| Sure | Venture Capital-Backed | New York, NY |
Wefox Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Wefox Investors (67)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| NOMD Holdings | Venture Capital | Minority | ||
| OurCrowd | Venture Capital | Minority | ||
| AdFirst | Venture Capital | Minority | ||
| Allinvest Unternehmensbeteiligung | Family Office | Minority | ||
| Atlant Ventures | Venture Capital | Minority |
Wefox Acquisitions (6)
Wefox’s most recent deal was a Merger/Acquisition with TAF Eenvoudig Transparant for . The deal was made on 15-Sep-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| TAF Eenvoudig Transparant | 15-Sep-2022 | Merger/Acquisition | Life and Health Insurance | ||
| Assona | 10-Nov-2021 | Merger/Acquisition | Insurance Brokers | ||
| Mansutti | 02-Jun-2021 | Merger/Acquisition | Insurance Brokers | ||
| SAM Versicherungen | 16-Dec-2019 | Merger/Acquisition | Insurance Brokers | ||
| Die Maklergruppe Versicherungsmakler | 05-Dec-2019 | Merger/Acquisition | Other Insurance |
Affiliates
Subsidiaries (6)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Conassona Beteiligungsholding | Dusseldorf, Germany | 2016 | |
| Assona | Berlin, Germany | 2003 | |
| TAF Eenvoudig Transparant | Eindhoven, Netherlands | 1999 | |
| Mansutti | Milan, Italy | 1925 | |
| Wefox (Insurance Brokerage Activities) | Germany |
Wefox FAQs
-
When was Wefox founded?
Wefox was founded in 2014.
-
Where is Wefox headquartered?
Wefox is headquartered in Berlin, Germany.
-
What is the size of Wefox?
Wefox has 1,300 total employees.
-
What industry is Wefox in?
Wefox’s primary industry is Information Services (B2C).
-
Is Wefox a private or public company?
Wefox is a Private company.
-
What is Wefox’s current revenue?
The current revenue for Wefox is .
-
How much funding has Wefox raised over time?
Wefox has raised $1.67B.
-
Who are Wefox’s investors?
NOMD Holdings, OurCrowd, AdFirst, Allinvest Unternehmensbeteiligung, and Atlant Ventures are 5 of 67 investors who have invested in Wefox.
-
Who are Wefox’s competitors?
CHECK24, Slice (New York), Benefix, Clark, and Sure are some of the 11 competitors of Wefox.
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