Luko by Allianz Direct

InsuranceSeries BSaint-Ouen, Francefr.luko.eu

Latest round

Series B

Last raised

Oct 2020

Total raised

$84M

Investors

6

About Luko by Allianz Direct

Based in France, Luko by Allianz Direct provides innovative insurance solutions that leverage technology to enhance safety and customer experience in the home insurance market. Luko by Allianz Direct, founded in 2018 , co-founded by Raphaël Vullierme and Benoît Bourdel and headquartered in Saint-Ouen, France, specializes in home insurance services. The company has undergone strategic pivots to focus on technology-driven solutions.00 mn. Luko's primary offerings include a suite of home insurance products designed to enhance customer protection and simplify claims processing. Their solutions incorporate advanced technology, enabling real-time monitoring and support for homeowners. Luko's services are available throughout France, catering to a wide range of clients including individuals and families seeking reliable home insurance coverage. Luko generates revenue primarily through subscription-based insurance policies, where clients pay regular premiums for coverage. The company employs tiered pricing models based on the level of coverage selected, establishing long-term client relationships that ensure a consistent revenue stream from annual renewals. Luko's focus on innovation and customer service positions it well within the competitive insurance market. Luko plans to launch new insurance products that integrate innovative technology solutions, with a target rollout by Q4 2024. The company aims to expand its services beyond France into neighboring European markets by mid-2025.

Who invested in Luko by Allianz Direct

6 investors across 3 rounds

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Funding rounds

  1. Series B

    Oct 6, 2020

    Amount

    $60M

    Investors

    Locked

  2. Series A

    Nov 18, 2019

    Amount

    $22M

    Investors

    Locked

  3. Seed

    May 31, 2018

    Amount

    $2.3M

    Investors

    Locked

Questions about Luko by Allianz Direct

Who invested in Luko by Allianz Direct?

Luko by Allianz Direct has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Luko by Allianz Direct raised?

Luko by Allianz Direct has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Luko by Allianz Direct last raise money?

Luko by Allianz Direct's most recent round on record is a Series B, in Oct 2020.

What does Luko by Allianz Direct do?

Based in France, Luko by Allianz Direct provides innovative insurance solutions that leverage technology to enhance safety and customer experience in the home insurance market.

Where is Luko by Allianz Direct headquartered?

Luko by Allianz Direct is headquartered in Saint-Ouen, France.

Which VCs invest in companies like Luko by Allianz Direct?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, Mouro Capital and HV Capital back insurance companies at Luko by Allianz Direct's stage. Their profiles are linked below.

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