Strüngmann brothers invest in insurance start-up Getsafe

In its latest financing round, the insurance start-up Getsafe raised 55 million euros. Among the investors were Thomas and Andreas Strüngmann.

According to a report from Finance Forward the Strüngmann brothers have newly joined the Heidelberg-based start-up Getsafe in the record-breaking funding round. Before the Series B financing round, Getsafe was worth 25 million euros. Now the total volume is 80 million euros.

Thomas and Andreas Strüngmann are best known as the founders of the drug company Hexal. In 2005, they sold the company to Novartis for around seven billion dollars. After that, they supported various companies in the healthcare sector and start-ups. From 2008, they financially supported the Mainz-based company Biontech. The health app Temedica, the refrigeration technology company Efficient Energy and the moving start-up Movinga are also part of their portfolio.

In addition to the Strüngmanns, Abacon Capital and several family offices from Germany and Switzerland have also joined Getsafe. Earlybird, CommerzVentures and Swiss Re have also invested again in the start-up, which was founded in 2015. Getsafe offers liability, household, motor and legal protection insurance via an app. Now the start-up not only wants to broker insurance, but also offer its own and is applying for an insurance license.


Like it? Please spread the word:

Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Getsafe
Startup 2015 Heidelberg Getsafe Insurance to go - create a personal insurance policy in less than 5 minutes on your smartphone.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts