Otherwise (Insurance Brokers) Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
10
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$613K
Otherwise (Insurance Brokers) General Information
Description
Operator of an insurance platform intended to offer animal insurance services. The company's platform offers transparent formulas adapted to the budget including veterinary assistance and a collaborative bonus, enabling policyholders to automatically transmit the benefits through the compulsory plan and an advance on costs.
Contact Information
Website
www.otherwise.frCorporate Office
- 95 Avenue du Président Wilson
- CS 5003
- 93108 Montreuil
- France
Corporate Office
- 95 Avenue du Président Wilson
- CS 5003
- 93108 Montreuil
- France
Otherwise (Insurance Brokers) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 28-Sep-2021 | $613K | Completed | Generating Revenue | ||
| 5. Early Stage VC | 01-Feb-2019 | Completed | Generating Revenue | |||
| 4. Seed Round | 30-Mar-2017 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 19-Sep-2016 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 24-Mar-2016 | Completed | Startup | |||
| 1. Accelerator/Incubator | Completed | Startup |
Otherwise (Insurance Brokers) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary |
Otherwise (Insurance Brokers) Comparisons
Industry
Financing
Details
Otherwise (Insurance Brokers) Competitors (1)
One of Otherwise (Insurance Brokers)’s competitors is Friendsurance, a Formerly VC-backed company based in Berlin, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Friendsurance | Formerly VC-backed | Berlin, Germany |
Otherwise (Insurance Brokers) Signals
Otherwise (Insurance Brokers) Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 360 Capital | Venture Capital | Minority | ||
| Agoranov | Accelerator/Incubator | Minority | ||
| Bpifrance | Sovereign Wealth Fund | Minority | ||
| EB Finance | Growth/Expansion | Minority | ||
| Angel (individual) | Minority |
Otherwise (Insurance Brokers) FAQs
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When was Otherwise (Insurance Brokers) founded?
Otherwise (Insurance Brokers) was founded in 2016.
-
Where is Otherwise (Insurance Brokers) headquartered?
Otherwise (Insurance Brokers) is headquartered in Montreuil, France.
-
What is the size of Otherwise (Insurance Brokers)?
Otherwise (Insurance Brokers) has 10 total employees.
-
What industry is Otherwise (Insurance Brokers) in?
Otherwise (Insurance Brokers)’s primary industry is Insurance Brokers.
-
Is Otherwise (Insurance Brokers) a private or public company?
Otherwise (Insurance Brokers) is a Private company.
-
What is the current valuation of Otherwise (Insurance Brokers)?
The current valuation of Otherwise (Insurance Brokers) is .
-
What is Otherwise (Insurance Brokers)’s current revenue?
The current revenue for Otherwise (Insurance Brokers) is .
-
How much funding has Otherwise (Insurance Brokers) raised over time?
Otherwise (Insurance Brokers) has raised $3.71M.
-
Who are Otherwise (Insurance Brokers)’s investors?
360 Capital, Agoranov, Bpifrance, EB Finance, and are 5 of 11 investors who have invested in Otherwise (Insurance Brokers).
-
Who are Otherwise (Insurance Brokers)’s competitors?
Friendsurance is a competitor of Otherwise (Insurance Brokers).
-
When was Otherwise (Insurance Brokers) acquired?
Otherwise (Insurance Brokers) was acquired on 28-Sep-2021.
-
Who acquired Otherwise (Insurance Brokers)?
Otherwise (Insurance Brokers) was acquired by Lovys.
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