Company Profiles

Part
01
of twelve
Part
01

German Insuratech Companies: Rows 5-9

The required information have been provided in rows 5-9 of the attached spreadsheet. Only Bi: sure and Bsurance have received funding. Bi: sure, BrokingX, and Dionera/simplr have not created LinkedIn accounts.

BANKSapi

  • BANKSapi was founded in 2016.
  • The company utilizes artificial intelligence to help its clients analyze the financial DNA of their customers.
  • It has analyzed over 1.1 million accounts to date.
  • The clients of BANKSapi include banks, insurance firms, fintech firms, and roboadvisors.
  • The company charges its clients from €0.17 per user/month onward.
  • BANKSapi falls under the software industry vertical.
  • The company’s headquarters is located in Munich, Bayern, Germany.
  • BANKSapi has not received any funding.

Bi: sure

BrokingX

Bsurance

Dionera/simplr

Part
02
of twelve
Part
02

German Insuratech Companies: Rows 10-14

Insurgo company headquarters is located in Wiesbaden, Germany. The latest funding stage for Flexperto is a Non-equity Assistance round. Information concerning the German insuratech companies present in rows 10 to 14 has been entered into the attached spreadsheet. An overview of the findings has been provided below.
  • DiVersO (myDIVERSO) was founded in 2010.
  • The company's digital contract management app features components such as "needs analysis, consulting, insurance comparison, completion, and management," among others.
  • Expertenhomepage / DIGiDOR is a software company that is located in Berlin, Germany.

Research Strategy

We began our research by looking for precompiled data concerning diVersO (myDIVERSO), expertenhomepage / DIGiDOR, Finhome GmbH, Flexperto, and Insurgo. Although we were able to locate most of the required information regarding the five companies, the latest funding stage of diVersO (myDIVERSO), expertenhomepage / DIGiDOR, Finhome GmbH, and Insurgo were not found.
To find the latest funding stage of the four companies, we searched financial statements of the companies on their official websites. This strategy was not successful as the companies did not have a section dedicated to financials. The websites mostly had information on product offerings and contact information.

Next, we proceeded to check Crunchbase, a primary source for identifying the funding stage of companies. Despite Crunchbase being a large database for company profiles, no information regarding diVersO (myDIVERSO), expertenhomepage / DIGiDOR, Finhome GmbH, and Insurgo was found. Our search could only identify the profile of Finhome GmbH. However, the profile did not have data on the company's latest funding stage. Following this, we also scanned other third-party company profile databases such as Hoovers, Bloomberg, Zoominfo, CoRepo, etc. However, none of the aforementioned websites had data about the companies the Latest Funding Stage.
At this point, it was evident that data concerning the three companies are scarce in the public domain. Nevertheless, we also checked popular media sources for the financial data of the companies. We came across a few articles about the companies, but it was extraneous and had nothing to do with their funding stage. Some of the sources visited were DW, TheLocal, and Forbes.

We could not also identify the Linkedin profile of diVersO (myDIVERSO) and Insurgo. For diVersO (myDIVERSO), our search on the company website provided us with a LinkedIn link which directed us to the Linkedin profile of Mr. Ralf Kohl. A further search revealed that Mr. Ralf Kohl is the founder and contact person of the company. For Insurgo, the company Linkedin could not be identified on the company website.

Next, we checked business information sites such as Crunchbase, Owler, and Pitchbook, among others, as these sites usually provide general information and overview of companies. However, we found that diVersO (myDIVERSO) and Insurgo do not have profiles on these sites. Therefore, we could not identify any data on the companies through this approach.

As a last resort, we ran a general web scan hoping to uncover the Linkedin profile of the companies from press releases, blog posts, etc. However, we could not identify the Linkedin Profile of the two companies from this search.
Therefore, we concluded that diVersO (myDIVERSO) and Insurgo do not have an official company profile on Linkedin.
Part
03
of twelve
Part
03

German Insuratech Companies: Rows 15-19

The companies in rows 15-19 of spreadsheet represent the insurance, IT, finance, and security industries. They have all been founded within the last ten years. The requested information is summarized in the attached spreadsheet.

Company Summaries

  • Founded in 2015, Kosko has helped bring existing and new products into the digital marketplace in an efficient and timely manner through the development of a modular end-to-end platform.
  • Maklerhomepage.net was founded in 2010. They are leaders in the conceptualization, development, and implementation of web-based software solutions, including an interactive insurance homepage. Maklerhomepage.net does not have a LinkedIn page.
  • Founded in 2015, massUp is an online specialist insurance provider, offering a one-stop-shop for insurers, brokers, agents, and retailers.
  • Mobilversichert has improved the processing and distribution of insurance services through the development of industry-specific software. The company was founded in 2014.
  • Founded in April 2017, Nect provides self-service identity verification, with military-grade security.
Part
04
of twelve
Part
04

German Insuratech Companies: Rows 20-24

Rows 20-24, columns B-M in the Companies Tab of the attached spreadsheet have been completed. Personal Business Machine was founded in 2016 and provides personalized customer communication products. Profino helps insurance brokers and agents to quickly access all client documents. Its headquarters are in Berlin. Riopo helps insurance seekers to compare offers from many providers. Shore is a digital assistant that was founded in 2012. SkenData/Wert/14 provides a geoinformatics-based technology platform that helps people in real estate to calculate the value and risk of their business. Detailed information is below.

Personal Business Machine

  • The company's website is here.
  • Its LinkedIn page is here.
  • The Personal Business Machine, founded in 2016, is a company that provides highly personalized customer communication products. It uses a secure and encrypted infrastructure to digitize its processes.

Profino

  • The company's website is here.
  • Its LinkedIn page is here.
  • Profino was founded in 2017. It is an information and network platform created to help insurance brokers and agents to quickly access all client documents and enables them to receive valuable tips from other colleagues in the industry through the agent lounge.
  • The company's industry vertical is insurance.
  • Its headquarters are in Berlin, Germany.

Riopo

  • The company's website is here.
  • Its LinkedIn page is here.
  • Riopo is a platform that helps insurance seekers to compare offers from many providers before choosing one and sign a contract with them. The company was founded in 2016.
  • The company's industry vertical is insurance.
  • Its headquarters are in Bavaria, Germany.

Shore

  • The company's website is here.
  • Its LinkedIn page is here.
  • Shore is a digital assistant that was founded in 2012 by Alexander Henn, Philip Magoulas, and Sebastian Nienaber. It helps people focus on the important things in their profession by eliminating paperwork.

SkenData/Wert14

  • The company's website is here.
  • Its LinkedIn page is here.
  • This is a privately held company that was started in 2012. It provides a geoinformatics-based technology platform that helps people in real estate to calculate the value and risk of their business. The platform has access to real estate and cadastral data of more than 51 million buildings in Germany.

Research Strategy

We began our research by looking for pre-compiled data for Personal Business Machine, profino, Riopo, Shore, and SkenData/Wert14. Although we were able to locate most of the required information for the five companies, the latest funding stage for Personal Business Machine, profino, Riopo, and SkenData/Wert14 was not found.

To find the latest funding stage of the four companies, we searched financial statements of the companies on their official websites. This strategy was not successful as the companies did not have a section dedicated to financials. The websites mostly had information on product offerings and contact information.
Our second strategy was to consult financial databases and publications such as Crunchbase, a primary source for identifying the funding stage of companies. We were only able to find the funding stage information for Shore from this source. No information on Personal Business Machine, profino, Riopo, and SkenData/Wert14 was found. We also searched for the required information in Hoovers, Bloomberg, Zoominfo, Craft.co., Manta, Pitchbook, and CoRepo. However, none of these sources provided the required information.

Our third strategy was to find articles in news publications and media sources about the companies with information on the latest fundraising rounds. We searched through publications such as Fintech News, Netguru, Insurlab-Germany, DW, TheLocal, Forbes, and Guardian for the required data but this strategy proved to be unsuccessful. We also checked the company's social media channels such as Facebook and Twitter for the required information, but it was not there. We have therefore concluded that information on the funding stages of the four companies is not publicly available.



Part
05
of twelve
Part
05

German Insuratech Companies: Rows 25-29

Finanzen.de provides a web-based marketplace technology for insurance & finance leads. iS2 Intelligent Solution Services AG is an IT service provider for the omnichannel sale of insurances. Details on Snoopr (b-tix), Target Risk, WeAdvis, Finanzen.de, and iS2 are available in rows 25-29 of the attached spreadsheet.

Snoopr (b-tix)

  • B-tix GmbH is a provider of insurance technology based on BiPRO. It launched its insurance search engine, Snoopr, which brokers can use to search for insurance free of charge. Insurers can also use the search engine as a white-label solution.
  • Its other solutions include b-OX Cloud and b-tix Client.
  • The company was established in 2009.

Funding Round:

Target Risk

  • Target Risk GmbH was founded in 2018. It offers data for insurance companies and insurance distribution organizations and other customers.
  • It has a share capital of 50,000 EUR. Lange Nikolaus and Dr. Laudage Benedict serve as the company's managing directors.
  • The company is privately held and has 2-10 employees (one employee on LinkedIn).

WeAdvis

  • The company is an independent provider of white-label digital wealth management technology solutions. It provides a robo advisory platform for its B2B clients.
  • Its solutions aid its clients in the financial services industry, including wealth managers, banks, and insurance companies, to take advantage of new revenue sources and strengthen customer loyalty with cutting-edge digital offerings.
  • WeAdvise AG was founded in 2018. It is privately held and has 11-50 employees (11 employees on LinkedIn).
  • The company has over 44 billion EUR in assets on Finconomy platforms and more than 20,000 connected financial advisors. It also has more than one million checking and securities accounts, over 150 million daily processed transactions, and more than 50 clients.

Finanzen.de

  • Finanzen.de currently operates in four European countries. The company provides a web-based marketplace technology for insurance & finance leads. It connects lead providers, such as price comparison and financial products websites, to lead buyers, such as financial advisers, independent brokers, agents, and insurers.
  • Finanzen.de has been in operation since 2004. It is privately held and has 51-200 employees (65 employees on LinkedIn). It was acquired by Allianz in May 2019.

is2

  • iS2 Intelligent Solution Services AG is an IT service provider for the omnichannel sale of insurances. It has more than 80 employees spread across three subsidiaries. These employees build high-performance IT solutions to support insurance product sales.
  • iS2 was incorporated in 1990 and is a public company. It has successfully completed 1,100 customer projects and has three locations in Germany. Its customers include American Express, Generali, and IBM.

Research Strategy

For Snoopr (b-tix), its LinkedIn page, as provided on its website, is unavailable. Additional searches for the company on LinkedIn did not yield any results.

For information on Target Risk's latest funding round, we searched for the company on databases such as Crunchbase, PitchBook, as well as German company databases like North Data. There was no information on Crunchbase and PitchBook. On North Data, we found that the company, which was registered in March 2018, has a share capital of 50,000 EUR. There was, however, no information on whether it has received funding since its inception.

In addition, the content on the company's website, found through its LinkedIn page, appears to be a placeholder as it is primarily in Chinese, incomplete, and not related to insurance (in contrast with information on its LinkedIn page).

Part
06
of twelve
Part
06

German Insuratech Companies: Rows 30-34

The latest funding stage for Allfinanz and Magnum is Series A and Corporate respectively. AktuarMed's headquarter is in Cologne, Germany, while Softfair GmbH is in Hamburg, Germany. Information concerning the German insuratech companies present in rows 30 to 34 has been entered into the attached spreadsheet. An overview of the findings has been provided below.

OVERVIEW

  • Softfair GmbH is an information technology company located in Hamburg, Germany.
  • The industry vertical of AdaEngine is computer software.
  • The latest funding stage of Allfinanz was Series A.
  • AktuarMed is one of the key underwriting systems of RISK-CONSULTING Prof. Dr. Weyer GmbH. The company was founded in 1992 and is one of the leading actuarial companies in Cologne, Germany.
  • The latest funding stage of Magnum was Corporate.

RESEARCH STRATEGY

We began our research by looking for precompiled data concerning Softfair, AdaEngine, AktuarMed, Allfinanz, and Magnum. Although we were able to locate most of the required information regarding the five companies, the latest funding stage of Softfair, AdaEngine, and AktuarMed were not found.
In order to find the latest funding stage of the three companies, we proceeded to check the financial statements of the companies on their official website. Softfair does not have a section dedicated to its financials. The website only has information about the products it offers, contact information, etc. As for AdaEngine, when we tried to visit the website, the link www.adanengine.com directed to Leonhard-MacDonald Ventures GmbH. At this point, we found that AdaEngine is only the name of the software offered by LMD Ventures. Therefore, we looked for the financial statements of LMD Ventures. Nevertheless, LMD also does not have a section dedicated to its financials. Then, we visited the website of AktuarMed and discovered that AktuarMed is a product (underwriting system) offered by RISK-CONSULTING Prof. Dr. Weyer GmbH, an actuarial consultancy company. Again, we were met with similar results. Risk-Consulting did not reveal the financial statements on its website.
Next, we proceeded to check Crunchbase, a primary source for identifying the funding stage of companies. Despite Crunchbase being a large database for company profiles, no information regarding Softfair, AdaEngine, and AktuarMed was found. Since AdaEngine and AktuarMed are just products offered by LMD Ventures and Risk-Consulting, respectively, we searched the database to find the financial statements of the two companies. However, nothing relevant was detected. Following this, we also scanned other third-party company profile databases such as Hoovers, Bloomberg, Zoominfo, CoRepo, etc. However, none of the aforementioned websites had data about the companies.
At this point, it was evident that data concerning the three companies is scarce in the public domain. Nevertheless, we also checked popular media sources to find leads about the companies. We came across a few articles about the companies, but it was extraneous and had nothing to do with their funding stage. DW, TheLocal, Forbes, and Guardian are some of the sources we looked into.
Additionally, finding data regarding Magnum was intricate due to the name of the company. When we started looking for information about Magnum, most of the databases revealed more than 200 companies with the same name. As a result, we were unable to figure out the correct company. Since we knew we are dealing with insuratech companies, we focused our search on that industry. After checking the companies one by one to find the industry they are operating in, we discovered Swiss RE. Swiss RE is a leading provider of reinsurance and insurance. When we checked the official website of Swiss RE, we discovered one of its product named 'Magnum', an automated underwriting solution. Since this is the only company operating in the insurance industry and has a product named 'Magnum', we provided the details of this company in the spreadsheet.
Part
07
of twelve
Part
07

German Insuratech Companies: Rows 35-39

Sumo.Cumo provides digital solutions in the areas of client interaction, marketing, technology, and operational excellence for the insurance industry. It was founded in 2010 and has 148 employees. Information pertaining to sum.cumo, 1blick, Alyne, B2B Protect, and Cognotekt has been populated in the attached spreadsheet.

Summary

  • Sum.cumo, 1blick, and Cognotekt have been acquired.
  • Alyne's last funding round was a Series A round.
  • Sum.cumo, 1blick, Alyne, B2B Protect, and Cognotekt are based in Hamburg, Heidelberg, Munich, Hildesheim, and Cologne, respectively.
  • The Linkedin profile of Sum.cumo can be found here.
  • The Linkedin profile of 1blick can be found here.
  • The Linkedin profile of Alyne can be found here.
  • The Linkedin profile of B2B Protect can be found here.
  • The Linkedin profile of Cognotekt can be found here.

Research Strategy

In order to find the funding stage of B2B Protect, we first searched the company website for any press releases pertaining to the same; however, we did not find any relevant information. Next, we searched business databases such as Crunchbase, Pitchbook, Angel, Development Aid, and Dealroom. Development Aid provided the names of the investors - "ADB, KFW, and others" - in B2B protect, but it did not provide the latest funding stage. We then tried looking for any news related to the investors funding B2B Protect and also searched the investor websites for information, but found nothing relevant. We found that KFW is a state-owned development bank that is also listed as a partner to B2B Protect.

On the KFW website, we found financing programs for startups and succession, but no information pertaining to any funding to B2B Protect. On the ADB (Asian Development Bank) website too there was no information pertaining to B2B. The most vaguely related information we found was that Germany is a founding member of ADB. Next, we looked for lists of top startups, insuretech companies, and fintech companies in Germany. We referred to lists published by Fintech News, Tracxn, Netguru, and Insurlab-Germany; however, we did not find any mention of B2B Protect. Full access to the list of insuretech companies published by Tracxn was not available publicly. Lastly, we scanned the social media pages (Linkedin and Twitter as the company is on no other profiles) of the companies for any news related to funding that the company may have posted but did not find anything relevant.
Part
08
of twelve
Part
08

German Insuratech Companies: Rows 40-44

Etherisc, F-fex, IDnow, InsurersAI and Netinsurer are start-up companies that use information technology to drive service delivery in the insurance industry. The details of the companies have been inputted in rows 40-44 of the attached spreadsheet.

Etherisc

  • Etherisc is a company that uses blockchain technology to drive delivery of low cost operations in the insurance industry.
  • The link to the company's LinkedIn account is here.
  • Etherisc was founded in 2016 by Christoph Mussenbrock and Stephan Karpischek. The company builds decentralized insurance applications which serve as means of enabling interested individuals to create customized insurance packages.
  • The products offered by the Etherisc community include flight delay insurance, hurricane protection and crypto wallet insurance. These decentralized insurance platforms increase transparency of insurance operation.
  • The company operates in the insurance industry and has its headquarters in München, Germany. The company's latest funding is the seed stage.

F-fex

  • F-fex is a start-up company that provides digital investment advisory services. The company was founded in July 2017 by experienced board members and managers.
  • The link to the company's LinkedIn account is here.
  • It focuses on quantitative portfolio analysis and management tools for insurers, banks and other financial service providers. The company also provides interactive tools for analysis of fund companies.
  • F-fex also provides services to asset managers to help them improve their market positioning. [1] [2] [3] [4] [5] [6] [7]
  • The company operates in the information services sector and the headquarters is in Bad Homburg vor der Höhe, Hessen, Germany.

IDnow

  • IDnow provides identity verification platforms which are used to enhance the identity security of customers.
  • The link to the company's LinkedIn account is here.
  • The CEO of the company is Andreas Bodczek. The company was founded in 2014.
  • The plaform can verify the identity of up to 7 billion people worldwide. The company also partners with companies globally in the area of security and eSigning.
  • The company operates in the Information technology and services industry.
  • The headquarters is located in Auenstr. 100, Munich, Germany. The company's latest funding is the Series C.

InsurersAI

  • InsurersAI is a company that uses artificial intelligence to reform the insurance business.
  • It was founded in 2016. The founder is Babak Ahmadi and the co-founder is Mehrdad Piroozram.
  • The company uses machine learning and artificial intelligence to develop custom solutions and build the profile of their clients. The data collected on the platform is used to assess risks and predict future outcome of the clients' business activities.
  • The company operates in the Information technology, artificial intelligence and insurance industries.
  • The headquarters is located in Cologne, Germany. The company's latest funding is kept private.

Netinsurer

  • Netinsurer is a start-up company that provides software solutions to insurers and brokers.
  • The link to the company's LinkedIn account is here.
  • It was founded in December 2014. The co-founders are Thomas Hajek and Bernhard Klemen.
  • The SaaS platform provided by the company comprises module advice, sales, analysis and automation. The company also offers development and individual solutions to their clients. These include onboard processes, consulting and product implementation services.
  • The company operates in the insurance sector and the headquarters is located in Wien, Austria. Its latest funding is kept private.

Research Strategy

We started the research by looking at the website and LinkedIn profile of each of the companies. We searched every section of the websites, but information on the latest funding was not available. Through this strategy, we discovered that InsurersAI does not have a LinkedIn profile. We also could not get information on the latest funding of these start-ups. We then searched for the annual reports of these companies since they could have submitted these to the appropriate authorities in their situated countries. We searched the websites of the ministries of affairs of Germany and Austria, but no information was available.

Our third strategy was then to search databases of companies, which included Crunchbase, ZoomInfo, Angellist and Hoovers since these could have contained information related to the companies. We were able to get information related to the latest funding of these companies, but no information was available on F-fex company, and the funding status of InsurersAI and Netinsurer were kept private. We expanded this search by looking at news articles such as Forbes and Financial Times, but still, no information was available on the latest funding rounds for F-fex, InsurersAI and Netinsurer. The unavailability of this information could be due to competitive reasons.
Part
09
of twelve
Part
09

German Insuratech Companies: Rows 45-49

Picsure, headquartered in Munich, provides tailored AI solutions for the insurance industry. Tech11, founded in 2018, provides digital core insurance solutions for the insurance industry in EMEA. The competitive details of Picsure, Reportix, tech11, FaktorZehn, and msg are provided in rows 45 to 49 of the attached spreadsheet.

Summary of findings

Research Strategy

While the research was mostly straightforward, we were unable to find the funding stage information for tech11, FaktorZehn and msg. We started our research by looking through the company websites, specifically the 'About' section and the company blogs, which usually contains in-depth information about a company. We were hoping that the last funding stage was part of the information provided. However, this strategy proved futile as we were only able to get information on the company founders, history and solutions.

Next, we looked through company social media pages such as LinkedIn. LinkedIn usually provides comprehensive company information, and we were hoping that this strategy would help us find information on the companies' last funding stages. However, this strategy did not yield any helpful results as we were only able to find the specialties, industry verticals, headquarters, size and founding date for the different companies.
Lastly, we checked business information sites such as Crunchbase, Owler and Pitchbook, among others, as these sites usually provide information on a company's revenue, funding amount, funding stages, investments and competitors, among others. However, we found that tech11 and FaktorZehn do not have profiles on these sites, and while msg has a profile, the funding information was still not available in its profile. We have therefore concluded that information on the funding stages of these three companies is not publicly available.

We have outlined the information that we were able to find above and in the attached spreadsheet.
Part
10
of twelve
Part
10

German Insuratech Companies: Rows 50-54

We found all but two of the requested data points about ACTINEO, Claimsforce, faire Regulierung, and MotionsCloud. All the information we found about those companies is included in the attached spreadsheet. We didn't find any of the requested information about mbafleet, so it appears the company has likely either gone out of business or been acquired (explained below).

German InsuraTech Companies

1. ACTINEO

A. Overview

B. Website Links, Vertical, Headquarters, & Latest Funding Stage

2. Claimsforce

A. Overview

  • Claimsforce is an SaaS platform deigned to assist insurance companies with claims services.
  • Moreover, the company claims that it's the first to provide such an SaaS platform.
  • The overall goal of the platform is to make the claims process fully automated through artificial intelligence and other technologies.
  • The company develops technologies for the P&C claims sector.
  • Claimsforce was founded in 2018.

B. Website Links, Vertical, Headquarters, & Latest Funding Stage

3. faire Regulierung

A. Overview

  • Faire Regulierung is an online platform that helps motorists who have been in an auto accident receive maximum compensation from insurance companies.
  • The company's services include three components: Online accident form, claim examination, and insurance-company communication through its claims and legal specialists.
  • The company has processed over 10,000 cases.
  • The company has received good ratings from consumers, as it has a 4.8/5 rating on TrustPilot based on 270 reviews.
  • The company appears to have been founded in 2018, as its Twitter account was created in March 2018 and its first review on TrustPilot was from September 2018.

B. Website Links, Vertical, Headquarters, & Latest Funding Stage

  • This link is to the company's website.
  • The company doesn't appear to have a Linkedin, as we didn't find any such profile.
  • The company operates in both the Legal Tech and InsurTech verticals.
  • The company is headquartered in Leipzig, Germany.
  • We didn't find any information about funding round data, as is explained in the Research Strategy section below.

4. mbafleet

  • mbafleet appears to have either gone out of business or been acquired. The only listing we found about that company was in a 2019 publication from consulting firm Oliver Wyman titled "The Future of InsurTech in Germany."
  • In that publication, mbafleet was listed as an InsurTech startup operating in the claims sector, but no further information was provided about it.
  • We couldn't find any website, social media account, or other type of page about the company.

5. MotionsCloud

A. Overview

  • MotionsCloud describes itself as an "[a]ll in one mobile & AI solution to reduce insurance claim cost and claim cycle time from days to hours."
  • MotionsCloud is able to help customers, insurers, and loss adjusters lower claims costs by as much as 75%, make the claims process more accurate, and settle claims remotely.
  • The company is able to assist vehicle and property insurance companies automate the processes involving claims "through mobile self-service, artificial intelligence (AI computer vision technologies) damage evaluation, and live video inspection technologies modules which can plug into existing claims systems."
  • The company has clients from Europe, Southeast Asia, and the U.S.
  • The company was founded in 2016.

B. Website Links, Vertical, Headquarters, & Latest Funding Stage

Research Strategy

With the exception of mbafleet, the only two data points we didn't find any information about were for faire Regulierung. Those two data points were a Linkedin profile and latest funding stage. With regard to Linkedin, we looked for, but didn't find a profile for the company on Linkedin. Thus, we entered N/A in that cell within the spreadsheet. We looked for, but didn't find any funding stage information about the company. We looked for that information using four research methods. First, we checked investment databases Pitchbook and Crunchbase, but the company wasn't listed therein. Second, we reviewed the company's website, as startups sometimes mention funding-related information therein. However, no such information was provided on the website. Third, we checked for articles about the company, but didn't find any. We also checked the company's social media channels (Facebook and Twitter), but didn't see any such information there either. The complete lack of information about mbafleet is explained above in our research findings.

With regard to the information we were able to find, we started by reviewing each company's website and Linkedin profiles. On those sources, we looked for and found a lot of information about their services, location, and founding date. To find funding round information, we used Pitchbook, which provided the information we were looking for. For a few of the remaining data points, we also used additional sources such as Twitter and TrustPilot.
Part
11
of twelve
Part
11

German Insuratech Companies: Rows 55-58

SchadenFUX24.de and unfallhilfe24 latest funding stage was not publicly available, while Schadenhelfer has not created LinkedIn accounts. The companies in rows 55-58 offers insurance services. Our research team has completed rows 55-58, columns B-H of the attached spreadsheet.

Summary of Findings

Omni:us

  • Omni:us is a private company founded in 2015. The company headquarter is located in Berlin.
  • Omni:us offer artificial intelligence as a service (AIaaS) provider for cognitive claims management. The company provides the necessary tools and information to make fast, transparent, and empathetic claims decisions.
  • Omni:us's latest funding round was a Grant round closed in 2019.
  • Omni:us LinkedIn page.

SchadenFUX24.de

  • SchadenFUX24.de is an insurance company that offers the following services: property management, insurance broker, and craftsman/service provider. The company offers a web application that helps save time and claims management with smart links.
  • SchadenFUX24.de headquarter is located at 64293 Darmstadt.
  • Julia Zajonz, Maria Schnitzer, Eileen Pechler, and Charly are the current executive team of SchadenFUX24.de.
  • SchadenFUX24.de LinkedIn page.
  • SchadenFUX24.de has not made public its latest funding stage.

RESEARCH STRATEGY

To locate the details of Omni:us, SchadenFUX24.de, Schadenhelfer, and unfallhilfe24, we began by combing through the companies' website. While the research was mostly straightforward, we were unable to find the funding stage information for SchadenFUX24.de and unfallhilfe24. Also, Schadenhelfer has not created a LinkedIn account. We went further to leverage information on the company investors' page and annual report. Unfortunately, this strategy was futile — the company website does not have an investors' page and has not made public its annual report.

Next, we scoured social media pages and professional websites like LinkedIn and Facebook for information regarding the latest funding stage of SchadenFUX24.de and unfallhilfe24. We were hoping to locate the latest funding stage as companies usually report this information on their LinkedIn or social media page. Again, this strategy was unsuccessful. Information found was referencing the company headquarters location and a link to the website.

Lastly, we combed third party companies database and business information websites like Crunchbase, ZoomInfo, and Craft for information regarding the latest funding stage of SchadenFUX24.de and unfallhilfe24. Crunchbase usually provides information on a company's revenue, funding amount, funding stages, investments, competitors, and others. However, we found that SchadenFUX24.de and unfallhilfe24 do not have profiles on these sites. After extensive research, our research team, therefore, concluded that information regarding the latest funding stage of SchadenFUX24.de and unfallhilfe24 was not available in the public domain.
Part
12
of twelve
Part
12

German Insuratech Companies: Rows 59-63

The required information have been provided in rows 59-62 of the attached spreadsheet. It includes the company website, LinkedIn page link, description of the company including what they do and when they were founded, industry vertical, their headquarters location and their funding round.

Control €xpert

  • Control €xpert was founded in 2002.
  • They audit more than 9 million vehicle claims per year with the help of over 800 employees in 17 locations worldwide.
  • It is headquartered in Langenfeld, Germany

Eucon

  • It was founded in 1997.
  • It is a data crunching company for the automotive, insurance and real estate sector on an international scale.
  • They have locations in Münster, Atlanta and Shanghai and employs 400 people to serve 250 clients in 40 countries.

Innovation Group

  • Innovation group was founded in 1999 by Richard King.
  • It has between 500 and 1000 employees.
  • It is a go to information technology company which manages critical incidents in the car and home for some world's leading insurers, brokers and fleet managers, together with warranty and service plan provision for many original equipment manufacturers and automotive dealerships, globally.

Ryskex

Sources
Sources

From Part 05
From Part 07