Luko Cover
Latest round
- Series B
Last raised
- Aug 2021
Total raised
- $61M
Investors
- 11
About Luko Cover
Luko Cover SAS was founded in 2016 in Paris, France, as a provider of online home insurance solutions. The company does not have any subsidiaries and operates independently. The founders include Benoît Bourdel, Luis Villamizar, Matthieu Luneau, and Raphaël Vullierme. Max Bachem currently serves as CEO.Luko by Allianz Direct focuses on delivering online home insurance solutions that offer customizable and transparent coverage for both homeowners and renters. Their primary products include residential property insurance, civil liability insurance, and specialized coverage for shared living situations like student accommodations. Their fully digital platform enables users to subscribe in just two minutes and adjust their contracts as necessary. Customers can easily report claims through a user-friendly app, enhancing their overall experience.Luko generates revenue through subscription-based insurance models, providing monthly plans for its various insurance offerings. Customers benefit from a direct-to-consumer transaction structure, selecting from a range of insurance options tailored to their specific needs. The pricing is competitive, ensuring affordable rates for essential coverage such as home and civil liability insurance.Luko plans to utilize its recent acquisition by Laka Ltd. to enhance its market presence, particularly in the e-scooter insurance sector, by integrating its offerings into Laka's portfolio. This strategic move aims to expand into the European micromobility market. The acquisition was completed on March 18, 2025, facilitating Laka's growth in this emerging area. Luko’s future initiatives will focus on launching new products and improving its existing services to better cater to the needs of its growing customer base.
Who invested in Luko Cover
11 investors across 3 rounds
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Questions about Luko Cover
Who invested in Luko Cover?
Luko Cover has 11 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 Cover raised?
Luko Cover has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Luko Cover last raise money?
Luko Cover's most recent round on record is a Series B, in Aug 2021.
What does Luko Cover do?
Luko Cover SAS was founded in 2016 in Paris, France, as a provider of online home insurance solutions.
Where is Luko Cover headquartered?
Luko Cover is headquartered in Paris, France.
Which VCs invest in companies like Luko Cover?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, Mouro Capital and HV Capital back insurance companies at Luko Cover's stage. Their profiles are linked below.
VCs backing insurance startups at Series B
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