Insurello
Insurello proactively educates people about their injury insurances and manages as well as maximizes their claims through a simple digital solution.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
$2.7m | Late VC | ||
| Total Funding | 000k | ||
| EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (97 %) | 42022 % | 205 % | - | - | 68 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | (153 %) | (125 %) | - | (393 %) | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (234 %) | - | - | - | (414 %) | (127 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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In 2016, Marcus Janback, a former elite American football player and Stockholm School of Economics graduate, co-founded Insurello with Nima Boustanian. The company was born out of a simple yet powerful idea: to help consumers discover and claim insurance compensations they were unaware of. Headquartered in Stockholm, Sweden, Insurello provides a digital platform that simplifies the often complex and opaque process of insurance claims.
Insurello's journey is marked by its commitment to transparency and efficiency in the insurance industry. By acting as an intermediary, Insurello manages the communication and processes between consumers and insurance companies, ensuring that clients receive the compensation they deserve without the usual hassle.
A significant milestone in Insurello's growth came in 2020 when the company raised €7.1 million to fuel its international expansion. This funding round was a testament to the company's innovative approach and the trust it had built with investors. The investment enabled Insurello to enhance its platform and expand its services beyond Sweden, reaching a broader audience in need of its unique solutions.
Today, Insurello stands as a beacon of innovation in the insurtech space, continually evolving to meet the needs of its users. The company's success underscores the importance of simplifying complex processes and empowering consumers in the insurance landscape.