Thinksurance, a Frankfurt, Germany-based insurtech company, raised €13M in Series B funding.
The round was led by Eight Roads Ventures.
The company intends to use the funds to scale operations, grow into new international markets and to further expand the existing platform.
Founded and in 2016 by Florian Brokamp and Christopher Leifeld, Thinksurance provides a B2B insurance distribution platform, which allows insurers and to connect with and businesses. The company is already working with all major insurance houses and over 20,000 brokers and brokers to digitalize the entire commercial insurance distribution process.
Investors from previous rounds include Police Direct, the Hoesch Group, the German Startups Group, Nikolai Dördrechter and Christian Vollmann.