# Baobab Insurance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/baobab-insurance

- Industry: Insurance
- Headquarters: Berlin, Germany
- Website: www.baobab.io
- Total disclosed funding: $13M
- Latest round: Series A (May 20, 2025)
- Investors on record: 4

## About

Based in Berlin, Germany, founded in 2021, Baobab Insurance GmbH operates as a platform that protects organizations from cyber threats by combining cyber security and insurance. The company was founded by Anton Foth and Vincenz Klemm. In June 2025, Baobab Insurance GmbH raised EUR 12 million in series A funding co-led by new investors Viola Fintech and eCapital, with participation from returning investors Augmentum and Project A Ventures. Individual investor also participated in the round. The company offers cyber insurance solutions which help businesses in minimizing cyber risks. The firm service offering includes cybersecurity health checks, cybersecurity plans, constant risk monitoring, cyber-attack management, and cybersecurity scanning. Additionally, the firm insurance also provides its clients with cybercrime, forensic investigations, and business interruption losses. The company will use the June 2025 funding to hire new team and expand its market reach across Germany and Austria.

## Funding rounds

- Series A, May 20, 2025, $13M — Viola Group, Augmentum, eCAPITAL, Project A

## Investors

- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A
- Augmentum (https://capitalatlas.ai/funds/augmentum) — Series A
- eCAPITAL (https://capitalatlas.ai/funds/ecapital) — Series A
- Project A (https://capitalatlas.ai/funds/project-a) — Series A