Cleverea

Cleverea

A multi line Neo Insurer for digital natives. Taking insurance back to its roots through transparecy and ease of use. All online, as it should be.

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DateInvestorsAmountRound
-investor investor investor investor investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor investor investor investor

€0.0

round
N/A

N/A

Convertible
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues00000000000000000000
% growth--13432 %314 %439 %
EBITDA00000000000000000000
% EBITDA margin-(140930 %)(2480 %)--
Profit00000000000000000000
% profit margin-(140976 %)(2536 %)(1043 %)(203 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Cleverea
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Cleverea is a Spanish startup operating in the insurtech sector, which combines insurance with technology to offer innovative solutions. The company recently closed a million-euro seed funding round to expand its product offerings and accelerate growth. Cleverea primarily serves individual customers and small businesses in Spain, providing a range of insurance products that are easy to understand and purchase online.

The company operates in the insurance market, focusing on simplifying the process of buying and managing insurance policies. Cleverea offers various types of insurance, including car insurance, rental insurance, and personal liability insurance. Their business model is based on leveraging technology to reduce costs and improve customer experience. This allows them to offer competitive pricing and straightforward, transparent policies.

Cleverea makes money by selling insurance policies directly to consumers through its online platform. By cutting out traditional intermediaries like brokers, the company can offer lower premiums while maintaining profitability. Additionally, Cleverea uses data analytics to assess risk more accurately, which helps in pricing their products more competitively and managing claims more efficiently.

In summary, Cleverea is a tech-driven insurance provider aiming to disrupt the traditional insurance market in Spain by offering user-friendly, cost-effective insurance solutions. Their recent funding will help them expand their product range and enhance their technological capabilities to better serve their customers.

Keywords: insurtech, Spain, insurance, technology, startup, car insurance, rental insurance, personal liability, online platform, competitive pricing.

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