Insurtech Enzo raises money

The start-up wants to offer insurance for residential buildings and convinces several investors at once.

The startup Enzo has raised funding ahead of its launch, as Finance Forward reported. Funders 2bX, Styx Urban Investments, Comgy founder Ruben Haas and Unzer co-founder Jens Bader were reportedly involved. The 2bX fund is also financed by real estate investor René Benko. The financing round is said to involve an investment of millions. However, the exact amount is unknown.

Marvin Follmann and Sascha Wolf founded Enzo 2021. Previously, the company is said to have had the name Dwellersclub. Both founders have previously gained experience in the start-up scene. Sascha Wolf helped build the Heidelberg-based startup Getsafe. Follmann was a developer at Munich-based unicorn Celonis.

The two founders are now working together on insurance for residential buildings. So far, water damage has been a major problem in this area, they say. "In a house, we want to use sensors to monitor the water pipes, for example, to detect possible irregularities," Wolf says to Finance Forward. This system is currently being tested in a house in Mannheim, he adds. An app is also intended to help customers prepare their homes for storms and thus prevent damage.