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DateInvestorsAmountRound
investor

€0.0

round
investor investor investor investor

€0.0

round
investor

€0.0

round
investor investor

€0.0

round
investor investor

€0.0

round
*

€500m

Valuation: €980m

0.8x EV/Revenue

9.4x EV/EBITDA

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2018201920232024
Revenues0000000000000000
% growth---49 %
EBITDA0000000000000000
% EBITDA margin---8 %
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

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More about Prima
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Prima.it is an Italian insurtech company that has established a significant presence in the European market. The company operates as a direct-to-consumer online insurance agency, specializing in automotive policies, which include cars, motorbikes, and vans. By leveraging technology, Prima.it has streamlined the process of purchasing and managing insurance, making it more accessible and user-friendly for its customers.

The company's business model is centered around its online platform, which allows customers to purchase insurance policies directly, cutting out the need for traditional intermediaries. This direct model, combined with a strong focus on technology, has enabled Prima.it to attract a large customer base, which currently stands at over 4.2 million. The company's financial performance is strong, with gross written premiums reaching €1.3 billion across Europe.

Prima.it's target market consists of individuals seeking straightforward and convenient insurance solutions for their vehicles. The company's growth has been supported by a team of over 1,000 employees, and it has become one of the most successful insurtech players in the world. The company's use of technology extends to its internal operations, with a heavy reliance on business intelligence, software frameworks, and software development tools to maintain its competitive edge.

Keywords: Insurtech, Online Insurance, Automotive Insurance, Direct-to-Consumer, Car Insurance, Motorbike Insurance, Van Insurance, European Market, Financial Technology, Insurance Platform

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