ELEMENT Insurance

ELEMENT Insurance Overview

  • Founded
  • 2016
Founded
  • Status
  • Private
  • Employees
  • 120
Employees
  • Latest Deal Type
  • Series A
  • Latest Deal Amount
  • $26.2M
Latest Deal Amount
  • Investors
  • 9

ELEMENT Insurance General Information

Description

Developer of an insurance platform designed to strip down the complications and address technical issues in the insurance market. The company's platform manages the insurance value chain including initial actuarial calculations, underwriting, policy administration, customer service and claims management, enabling customers to combine any type of insured object with any type of risk and duration of coverage in a different kind of code and attitude.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Information Services (B2C)
Other Industries
Financial Software
Other Insurance
Primary Office
  • Hardenbergstr. 32
  • 10623 Berlin
  • Germany
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ELEMENT Insurance Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Early Stage VC (Series A) 27-Dec-2018 $26.2M 000.00 00000 Completed Generating Revenue
1. Seed Round Completed Generating Revenue

ELEMENT Insurance Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Socotra Venture Capital-Backed San Francisco, CA 0000 00000000000 0000
000000 000000000 Venture Capital-Backed Boston, MA 00 000.00 00000000000 000.00
00000000000 Formerly VC-backed New York, NY 000 000.00 000000&0 000.00
000000000000000000 Venture Capital-Backed London, United Kingdom 000 0000 00000000000 0000
00000000 Venture Capital-Backed San Francisco, CA 00 000.00 00000000000 000.00

ELEMENT Insurance Executive Team (7)

Name Title Board Seat Contact Info
Philipp Hartz Chief Strategy Officer
Iryna Zhovtobryukh Chief Technology Officer
Tim Kaltofen Head of Product
Henning Groß Vice President of Engineering
Arno Bussmann Vice President of Finance

1 Former Executive

ELEMENT Insurance Board Members (6)

To view ELEMENT Insurance‘s full board member team, request access »
Name Representing Role Since
Christian Macht ELEMENT Insurance Chairman 000 0000
Sascha Herwig Self Board Member 000 0000
Timo Hertweck ELEMENT Insurance Board Member 000 0000
Wolff Graulich Self Board Member 000 0000

2 Former Board Members

ELEMENT Insurance Investors (9)

To view ELEMENT Insurance‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Alma Mundi Fund Venture Capital Minority 000 0000 000000 0
Engel & Völkers Capital Other Minority 000 0000 000000 0
FinLeap Venture Capital Minority 000 0000 000000 0
IONIQ Accelerator/Incubator Minority 000 0000 000000 0
MS&AD Ventures Corporate Venture Capital Minority 000 0000 000000 0

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