11 results about this entity
Period: 06 Mar 2019 - 02 Dec 2024
Company announcement/retail
wefox has achieved another key milestone in the focusing of its business. wefox Holding AG has reached an agreement with a group of Swiss companies led by the independent Swiss pension service provider BERAG on the sale of Liechtenstein-based wefox Insurance AG.
02 December 2024
As announced in June, wefox has continued to implement its exit from the German insurance market as part of the refocusing of its portfolio on profitable market positions of critical size.
31 July 2024
News/retail
One-time insurance unicorn wefox has secured €25 million in fresh capital amid a brutal restructuring effort to keep the ailing business afloat.
01 July 2024
News/startups
Insurance unicorn Wefox has warned investors that it may soon face insolvency due to financial losses and regulatory charges.
17 May 2024
Company announcement/people
Wefox, the world’s leading insurtech, has appointed Paul Onnen as Chief Technology Officer, with immediate effect.
20 November 2023
Berlin-based insurtech Wefox has raised another $55 million in funding at a $4.5 billion valuation from Deutsche Bank and UniCredit.
06 November 2023
Wefox, the Berlin-based InsurTech, has secured US$55m credit facility from JPMorgan and Barclays alongside a $55m second close in its Series D at US$4.5bn valuation from existing investors and new investors including Squarepoint.
17 May 2023
wefox, the Berlin-based insurtech, has successfully closed a Series D funding round of $400m (comprising equity and debt) and increased its post-money valuation to US$4.5bn.
12 July 2022
wefox, the Berlin-based digital insurance company, has appointed Hanna Jacobsson to the Board. Jacobsson will serve as a Non-Executive Director with immediate effect.
08 June 2022
German insurtech WeFox has closed $110 million of funding bringing its total for 2019 to $235 million and is planning the launch of a London tech hub next year.
11 December 2019
Company announcement/startups
wefox Group, the Berlin-based insurtech firm has successfully raised $125 million for its series B round led by Mubadala Investment Company through Mubadala’s newly created European Ventures Fund.
06 March 2019
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