# Cachet OÜ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cachet-ou

- Industry: Insurance
- Headquarters: Tallinn, Estonia
- Website: www.cachet.me
- Total disclosed funding: $5.7M
- Latest round: Series A (May 12, 2022)
- Investors on record: 3

## About

Cachet OÜ is a technology-driven company that specializes in adaptive insurance solutions tailored for the platform economy, focusing on flexibility and personalization for various users and service providers.Founded in 2018 in Tallinn, Estonia, Cachet OÜ designs innovative insurance products for the gig economy, including micromobility and car-sharing services. Hedi Mardisoo, the CEO and co-founder, has led the company through its growth trajectory. The company raised EUR 5.5 million in Series A funding on May 12, 2022, led by Truffle Capital with participation from Icebreaker and UNIQA Group, totaling EUR 5.5 million raised to date.Cachet specializes in designing adaptive insurance solutions that cater to the unique needs of the platform economy. The company's core offerings include insurance products tailored for micromobility fleets, gig work platforms, and car-sharing services, which prioritize flexibility, personalization, and control for both platforms and their users. These solutions leverage smart data and technology to enhance operational efficiency, providing insights into driver analytics and integrated claims data to improve risk understanding and ensure safer outcomes. Cachet's services target a diverse client base, ranging from large enterprises to local operators across Europe, with markets including major cities such as Tallinn and Milan. By streamlining the insurance experience into a single digital wallet with unified monthly payments, Cachet aims to simplify coverage for its users.In the most recent year, Cachet reported a revenue of EUR 408,164.60 with an EBITDA of EUR -12,275.40. The company's revenue model focuses on partnerships and B2B transactions, allowing clients to access a suite of integrated insurance products through a subscription-based structure.Following the Series A funding of EUR 5.5 million on May 12, 2022, Cachet OÜ plans to grow its team and enhance its technology and data models to better serve its clients. The company aims to expand its offerings and operations throughout Europe, targeting new markets for its adaptive insurance solutions.

## Funding rounds

- Series A, May 12, 2022, $5.7M — Truffle Capital, UNIQA Group, Icebreaker

## Investors

- Truffle Capital (https://capitalatlas.ai/funds/truffle-capital) — Series A
- UNIQA Group — Series A
- Icebreaker (https://capitalatlas.ai/funds/icebreaker) — Series A