GetSafe, a Heidelberg, Germany-based digital insurance manager for smartphones, secured a single-digit million euro investment.
Backers included b-to-v, CommerzVentures, Acton Capital Partners (all lead), Capnamic Ventures, Iris Capital and Partech Ventures as well as existing investors Rocket Internet and HW Capital.
The company intends to use the funds to maintain and strengthen its position in Germany, continue technology development and further increase its service quality. The expansion into other international markets is planned for 2016.
Founded in 2013 by Christian Wiens, CEO, and Marius Blaesing, CTO, GetSafe digitally aggregates customers’ insurance contracts and information in a mobile app and allows them to optimize their portfolio.
Customers can use the app to digitally manage all their existing insurance policies on their smartphone, see their insurance coverage and report claims directly to their insurer in case it is needed. It also automatically identifies coverage gaps and savings potentials and offers a convenient way for the optimization of existing fares, the termination of adverse policies and the conclusion of new insurance contracts.
The company, which cooperates with more than 130 insurance companies and has already gained several thousand customers, is currently hiring.