wefox: Funding, Investors & Team (Sep 2026)
wefox is a digital insurance company aiming to make people safe and prevent risk by reinventing insurance at scale through technology. Its focus is selling insurance via intermediaries and not via direct channels. Through analytics, wefox achieves better loss ratios than the market. Technology allows wefox to have >90% straight-through-processing and a central product factory that ships product innovations internationally much quicker and more cost-effective than the competition. Wefox has built up a network of thousands of digitally enabled advisors across Europe which increases customer satisfaction, reduces customer acquisition costs, increases cross-selling, and decreases churn. Wefox was founded in 2015 and is based in Berlin, Germany.
wefox has raised $650M across 1 funding round on record, the most recent an undisclosed round of $650M announced in Jun 2021.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
wefox Company Profile and Key Stats
Latest funding round on record: Jun 2021.
wefox Funding Rounds
wefox Founders and Leadership Team
Contact details for the wefox team: 1 of 1 has an email address on file.
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wefox's latest round of $650M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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wefox Funding FAQs
What does wefox do?
wefox is a digital insurance company aiming to make people safe and prevent risk by reinventing insurance at scale through technology. Its focus is selling insurance via intermediaries and not via direct channels. Through analytics, wefox achieves better loss ratios than the market. Technology allows wefox to have >90% straight-through-processing and a central product factory that ships product innovations internationally much quicker and more cost-effective than the competition. Wefox has built up a network of thousands of digitally enabled advisors across Europe which increases customer satisfaction, reduces customer acquisition costs, increases cross-selling, and decreases churn. Wefox was founded in 2015 and is based in Berlin, Germany.
How much funding has wefox raised?
wefox has raised $650M across 1 round on record. The most recent is an undisclosed round of $650M announced in Jun 2021.
When did wefox last raise funding?
wefox's most recent funding round on record is an undisclosed round of $650M, announced in Jun 2021.
Who is the CEO of wefox?
Oliver Lang is listed as CEO at wefox.
Where is wefox headquartered?
wefox is based in Berlin, Germany.
How many employees does wefox have?
wefox is in the 501-1000 employee band.
How does wefox's funding compare to other Financial Services startups?
wefox's latest round of $650M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's wefox Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for wefox is left off this page rather than filled in.
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