wefox

A category-defining insurtech platform that is connecting insurance companies, distributors, and customers, to give the world simple access to digital insurance solutions.

Launch date

Oct 2014

Employees

501-1000 people

Market cap

Net debt

Enterprise valuation

$4.5b (Public information from Jul 2024)

Company register number HRB 230974 B (Charlottenburg (Berlin))

Vaduz Oberland (HQ), Canton of Zürich Switzerland (founding location)

https://www.wefox.com/en-de

https://twitter.com/wefoxhq https://www.linkedin.com/company/wefox/https://apps.apple.com/app/id983618162 https://play.google.com/store/apps/details?id=com.oneinsurance.oneapp

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Revenues, earnings & profits over time

EUR	2018	2020	2021	2022	2023
Revenues	2.0m	143m	450m	900m	982m
% growth	-	-	215 %	100 %	9 %
EBITDA	(9.2m)	-	-	-	-
% EBITDA margin	(462 %)	-	-	-	-
Profit	(9.3m)	-	-	-	-
% profit margin	(463 %)	-	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Julian Teicke Amir Suissa Dario Fazlic MH Innov' OurCrowd MyAsiaVC D4 Ventures Verve Ventures The Delta	N/A	-
Dec 2015	Seedcamp Speedinvest Victory Park Capital Salesforce Ventures AngelList Samuel Skoblo ADIN	CHF5.5m	Seed
May 2017*	Mountain Partners Seedcamp Speedinvest Target Global Eurazeo Victory Park Capital Salesforce Ventures Ashton Kutcher Sound Ventures Horizon Ventures AngelList	$30.0m	Series A
Mar 2019	Goldman Sachs CreditEase GR Capital Mubadala Capital	$125m	Series B
Dec 2019*	OMERS Ventures Mundi Ventures CreditEase Samsung Catalyst Fund Jupiter Asset Management	$110m Valuation: $1.8b 800.0x EV/LTM Revenues -173.2x EV/LTM EBITDA	Series B
Jun 2021	Partners Group Seedcamp Speedinvest UBS Target Global Eurazeo EDBI Salesforce Ventures OMERS Ventures Horizon Ventures CreditEase GR Capital Lightrock LGT Venture Philanthropy FinTLV G Squared Jupiter Asset Management Mubadala Capital Jupiter Capital Decisive capital management Decisive Capital Management	$650m Valuation: $3.0b 19.1x EV/LTM Revenues	Series C
Jul 2022*	Horizons Ventures Target Global Eurazeo EDBI OMERS Ventures LGT Venture Philanthropy Mubadala Capital	$400m Valuation: $4.5b 9.1x EV/LTM Revenues	Series D
May 2023*	Squarepoint Capital	$55.0m Valuation: $4.5b 4.5x EV/LTM Revenues	Series D
May 2023*	Barclays JP Morgan	$55.0m	Debt
Nov 2023*	Deutsche Bank UniCredit	$55.0m	Convertible
Jul 2024*	Mubadala Capital	$26.8m Valuation: $4.5b	Late VC
Total Funding		$1.5b