
JubilaME
JubilaME helps middle class citizens to plan and make an informed purchase of life insurance | private pensions | savings plans.
Date | Investors | Amount | Round |
---|---|---|---|
* | €325k | Grant | |
Total Funding | 000k |
EUR | 2022 | 2023 |
---|---|---|
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
% profit margin | 55 % | 4 % |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Company filings or news article
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JubilaME is an InsurTech & WealthTech that distributes wealth management and life insurance products to middle class through a phygital platform.
The distribution of life insurance and wealth management products remains face to face, manual. Conversion, upselling and cross-selling are poor compared to other industries. Customer segmentation and engagement are hardly personalized. Customer acquisition costs are high (600 $ for life insurance, 2,500 $ for pension and savings).
JubilaME aims at connecting with the right customer at the right time through the right channel with the right message, leading to higher customer satisfaction and life time value.