Fintech Startup Raises €1M Seed Financing, a Berlin, Germany-based fintech / insurtech startup, raised €1M in seed financing.

Backers included High-Tech Gründerfonds (HTGF) and other business angels.

The company intends to use the funds expand its team and further develop its technological platform.

Co-founded by Daniel Engelbarts and Christian Lang, provides users with a reminder and optimization service for contracts and insurance policies, including electricity, gas and mobile phone contracts, as well as car insurance.
For electricity and gas, the company even provides a fully automatic switching service, enabling users to benefit from the annual savings of moving to a new supplier or tariff – without the hassle of having to do so every year.
The entire optimisation service is free of charge for all users at all times.

The startup commenced operations in early 2017 and its revenues are already in six-figure territory.



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