Element (Insurance) Overview
- Year Founded
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2017
- Status
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Out of Business
- Employees
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80
- Latest Deal Type
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Liquidation
Element (Insurance) General Information
Description
Developer of an insurance management platform designed to reduce complications and address technical issues with claims. The company's platform manages the insurance value chain, including initial actuarial calculations, underwriting, policy administration, customer service, and claims management, enabling businesses to combine any insured object with any risk.
Contact Information
Website
www.element.inCorporate Office
- Karl-Marx-Allee 3
- 10178 Berlin
- Germany
Corporate Office
- Karl-Marx-Allee 3
- 10178 Berlin
- Germany
Element (Insurance) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Bankruptcy: Liquidation | 08-Jan-2025 | Completed | Bankruptcy: Liquidation | |||
| 5. Later Stage VC | 26-Mar-2024 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 15-Jul-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 20-May-2021 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 19-Aug-2020 | $45.8M | $57.6M | Completed | Generating Revenue | |
| 1. Seed Round | 01-May-2017 | $11.8M | $11.8M | Completed | Startup |
Element (Insurance) Comparisons
Industry
Financing
Details
Element (Insurance) Competitors (38)
One of Element (Insurance)’s 38 competitors is Cover Genius, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cover Genius | Venture Capital-Backed | New York, NY | ||||
| Sapiens International Corporation | Private Equity-Backed | London, United Kingdom | ||||
| Boost Insurance | Private Equity-Backed | New York, NY | ||||
| Qover | Venture Capital-Backed | Brussels, Belgium | ||||
| Keylane | Private Equity-Backed | Utrecht, Netherlands |
Element (Insurance) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Element (Insurance) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Element (Insurance) Acquisitions (1)
Element (Insurance)’s most recent deal was a Merger/Acquisition with mailo. The deal was made on 16-Jun-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| mailo | 16-Jun-2023 | Merger/Acquisition | Commercial/Professional Insurance |
Element (Insurance) Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| mailo | Cologne, Germany | 2017 |
Element (Insurance) FAQs
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When was Element (Insurance) founded?
Element (Insurance) was founded in 2017.
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Where is Element (Insurance) headquartered?
Element (Insurance) is headquartered in Berlin, Germany.
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What is the size of Element (Insurance)?
Element (Insurance) has 80 total employees.
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What industry is Element (Insurance) in?
Element (Insurance)’s primary industry is Other Insurance.
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Is Element (Insurance) a private or public company?
Element (Insurance) is a Private company.
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What is Element (Insurance)’s current revenue?
The current revenue for Element (Insurance) is .
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How much funding has Element (Insurance) raised over time?
Element (Insurance) has raised $154M.
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Who are Element (Insurance)’s competitors?
Cover Genius, Sapiens International Corporation, Boost Insurance, Qover, and Keylane are some of the 38 competitors of Element (Insurance).
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