# hepster

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hepster

- Industry: Insurance
- Headquarters: Rostock, Germany
- Website: www.hepster.com
- Total disclosed funding: $21M
- Latest round: Series B (Apr 19, 2023)
- Investors on record: 7

## About

Based in Rostock, Germany, and founded in 2016 by Alexander Hornung, Christian Range, and Hanna Bachmann, MOINsure GmbH, trading under the name Hepster, operates as a developer of an API-driven insurance product toolkit built to access, provide and sell hyper-specialized insurance policies. Hepster operates in Germany and Austria and has more than 700 partners, including European bike retailers and rental companies Greenstorm Mobility and Baron Mobility, as well as Berlin-based cargo bike provider Citkar and Munich e-bike startup SUSHI. In March 2021, the company raised USD 10 million in a Series A funding round led by Element Ventures. Also participating were Seventure Partners, MBMV, and GPS Ventures, as well as previous investors. 

Hepster products include mobility, electronics, equipment, travel, and basic insurance, enabling clients to handle insurances as well as the up and downstream processes. 

The March 2021 Series A funding will be used to broaden the Hepster insurance ecosystem and scale up its network, with an emphasis on automation.

## Funding rounds

- Series B, Apr 19, 2023, $11M — Seventure Partners, IPGL, GPS Ventures, Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern, 13books Capital, Isomer Capital II SCSp
- Series A, Jun 14, 2021 — Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern, Element Ventures Feeder LP
- Series A, Dec 21, 2020, $9.8M — GPS Ventures, Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern, 13books Capital
- Seed, Apr 16, 2019 — GPS Ventures

## Investors

- GPS Ventures (https://capitalatlas.ai/funds/gps-ventures) — Seed, Series A, Series B
- Mittelstandische Beteiligungsgesellschaft Mecklenburg-Vorpommern (https://capitalatlas.ai/funds/mittelstandische-beteiligungsgesellschaft-mecklenburg-vorpom) — Series A, Series B
- 13books Capital (https://capitalatlas.ai/funds/13books-capital) — Series A, Series B
- Element Ventures Feeder LP — Series A
- Seventure Partners (https://capitalatlas.ai/funds/seventure-partners) — Series B
- IPGL — Series B
- Isomer Capital II SCSp — Series B