{"id":87112,"date":"2022-11-15T16:58:00","date_gmt":"2022-11-15T15:58:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=87112"},"modified":"2022-11-15T15:53:46","modified_gmt":"2022-11-15T14:53:46","slug":"these-are-munichs-most-valuable-insurtech-startups","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/87112\/these-are-munichs-most-valuable-insurtech-startups\/","title":{"rendered":"These are Munich&#039;s most valuable insurance startups"},"content":{"rendered":"<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2.jpg\"><img decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-1200x800.jpg\" alt=\"Ottonova Insurtech\" class=\"wp-image-85544\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-1200x800.jpg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-600x400.jpg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-768x512.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-1536x1024.jpg 1536w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-880x587.jpg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2-440x293.jpg 440w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/ottonova-Gr\u251c\u255dnder-2.jpg 1654w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption>The digital private health insurer Ottonova has a company valuation of 300 million euros, making it Munich&#039;s most valuable insurtech. The Munich-based company has already secured 159 million euros in investments. The company most recently closed its <a href=\"\/en\/85523\/ottonova-series-f\/\">Series F round with 34 million euros<\/a> (Photo: Ottonova)<\/figcaption><\/figure>\n\n\n\n<!--nextpage-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03.jpeg\"><img decoding=\"async\" width=\"1200\" height=\"765\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03-1200x765.jpeg\" alt=\"Insureq\" class=\"wp-image-72404\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03-1200x765.jpeg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03-600x382.jpeg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03-768x489.jpeg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03-880x561.jpeg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03-440x280.jpeg 440w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2021\/04\/insureq-team-photo-2021-03.jpeg 1240w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption>Insureq is a digital insurance provider for companies and offers policies for liability and cyber risks, among other things. Founded in 2019, the startup primarily targets consultants, freelancers in the IT sector, and startups in the software-as-a-service and e-commerce sectors. <a href=\"\/insights\/\">Munich Startup Insights<\/a> estimate the company after its financing in <a href=\"\/en\/72403\/insureq-raises-5-million-euros-in-seed-round\/\">April last year<\/a> to 20 to 30 million euros. (Photo: Insureq)<\/figcaption><\/figure>\n\n\n\n<!--nextpage-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04.jpg\"><img decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-1200x800.jpg\" alt=\"Hakuna Insurtech\" class=\"wp-image-85956\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-1200x800.jpg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-600x400.jpg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-768x512.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-1536x1024.jpg 1536w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-2048x1365.jpg 2048w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-880x587.jpg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/09\/hakuna_team_04-440x293.jpg 440w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption>Hakuna has just launched its <a href=\"\/en\/85954\/hakuna-seed-financing\/\">Seed round with 4 million euros<\/a> and has an estimated valuation of \u20ac16 to \u20ac24 million. The startup enables retailers to offer their customers extended warranties or insurance when shopping online. (Photo: Hakuna)<\/figcaption><\/figure>\n\n\n\n<!--nextpage-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993.jpg\"><img decoding=\"async\" width=\"1200\" height=\"453\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993-1200x453.jpg\" alt=\"The NDGIT team\" class=\"wp-image-35941\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993-1200x453.jpg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993-600x226.jpg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993-768x290.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993-880x332.jpg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2018\/05\/NDGIT_GmbH_Gruppenfoto_web-e1525847526993-440x166.jpg 440w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption>Ndgit is also estimated to be worth between 16 and 24 million. <a href=\"\/en\/startups\/ndgit-gmbh\/\">Pursue<\/a> connects banks and insurance companies with digital providers and fintechs and offers an open finance platform. (Photo: Ndgit)<\/figcaption><\/figure>\n\n\n\n<!--nextpage-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780.jpg\"><img decoding=\"async\" width=\"1200\" height=\"801\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-1200x801.jpg\" alt=\"Finanzchef24\" class=\"wp-image-80410\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-1200x801.jpg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-600x400.jpg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-768x512.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-1536x1025.jpg 1536w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-2048x1366.jpg 2048w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-880x587.jpg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/03\/FC2404780-440x294.jpg 440w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption>The third member of the group is <a href=\"\/en\/startups\/finanzchef24-gmbh\/\">Finanzchef24<\/a> The company is valued at between \u20ac16 million and \u20ac24 million. The insurtech specializes in insurance for the self-employed and small business owners. The startup offers independent online comparisons, consulting, and its own insurance solutions. (Photo: Finanzchef24)<\/figcaption><\/figure>\n\n\n\n<!--nextpage-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender.jpg\"><img decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-1200x800.jpg\" alt=\"The Garentii founding team: Vitaliy Zhovtyuk (CTO), Michael Hazoume (CEO) and Dennis Stern (CBDO) (from left)\" class=\"wp-image-83029\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-1200x800.jpg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-600x400.jpg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-768x512.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-1536x1024.jpg 1536w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-2048x1365.jpg 2048w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-880x587.jpg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2022\/06\/Garentii_Gruender-440x293.jpg 440w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption><a href=\"https:\/\/garentii.com\/de\/en\/\" target=\"_blank\" rel=\"noreferrer noopener\">Garenti<\/a> comes with his <a href=\"\/en\/83028\/garentii-digital-surety-insurance-raises-19-million-euros\/\">Seed financing round of 1.9 million euros<\/a>&nbsp;from June of this year, the valuation is estimated at between \u20ac8 million and \u20ac11 million. Garentii offers landlords a guarantee instead of a cash deposit from their tenants. In the event of damage that would be covered by the deposit, insurance companies step in and cover the damage. (Photo: Garentii) <\/figcaption><\/figure>\n\n\n\n<!--nextpage-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table.jpg\"><img decoding=\"async\" width=\"1200\" height=\"800\" src=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-1200x800.jpg\" alt=\"Insurtech\" class=\"wp-image-66290\" srcset=\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-1200x800.jpg 1200w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-600x400.jpg 600w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-768x512.jpg 768w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-1536x1024.jpg 1536w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-2048x1365.jpg 2048w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-880x587.jpg 880w, https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2020\/11\/close-up-executives-sitting-table-440x293.jpg 440w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption>A good overview of the Munich Insurtech scene is provided by <a href=\"\/en\/66289\/how-insurtech-startups-are-giving-the-insurance-industry-a-leg-up\/\">Episode 10 of our Munich Startup Podcast<\/a>: In the November 2020 episode, we featured a Munich-based insurance startup in more detail. (Photo: pressfoto\/Freepik)<\/figcaption><\/figure>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Munich is one of the leading insurtech locations in Germany. We have compiled the most valuable Munich insurance startups. All data comes from the <a href=\"https:\/\/cms.munich-startup.net\/insights\/\" target=\"_blank\" rel=\"noopener\">Munich Startup Insights<\/a>.<\/p>","protected":false},"author":26,"featured_media":59558,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5638,1],"tags":[1109,4609,4694,4283,757,2411,2383],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insurtech: Das sind M\u00fcnchens wertvollste Versicherungs-Startups<\/title>\n<meta name=\"description\" content=\"M\u00fcnchen ist einer der f\u00fchrenden Insurtech-Standorte in Deutschland. Wir haben die wertvollsten M\u00fcnchner Insurtechs zusammengestellt.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/87112\/these-are-munichs-most-valuable-insurtech-startups\/\" \/>\n<link rel=\"next\" href=\"https:\/\/cms.munich-startup.net\/87112\/das-sind-muenchens-wertvollste-insurtech-startups\/2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Insurtech: Das sind M\u00fcnchens wertvollste Versicherungs-Startups\" \/>\n<meta property=\"og:description\" content=\"M\u00fcnchen ist einer der f\u00fchrenden Insurtech-Standorte in Deutschland. 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