# Mfind it sp. z o.o.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mfind-it-sp-z-o-o

- Industry: Internet
- Headquarters: Warsaw, Poland
- Website: www.mfind.pl
- Latest round: Seed (Aug 17, 2015)
- Investors on record: 1

## About

Mfind it sp. z o.o. is a Polish company focused on providing an online platform for insurance comparisons, enabling users to find tailored insurance offers efficiently and effectively.Founded in 2013 in Warsaw, Poland, Mfind it sp. z o.o. operates as a technology-driven service that specializes in online insurance comparisons. The company has successfully completed 2 deals, with the most recent deal taking place on October 3, 2017, when it raised an undisclosed amount in Series A financing led by Martis Consulting.Mfind it sp. z o.o. operates Punkta.pl, an online insurance comparison platform designed to help users efficiently evaluate various insurance offers. The platform features a user-friendly insurance calculator, aggregating offers from over 15 insurance companies and providing options for vehicle, home, travel, and health insurance. Targeting the Polish market, Punkta.pl aims to enhance accessibility to insurance, focusing on specific demographics such as young drivers and owners of imported vehicles from the UK.In the most recent year, 2023, the company reported a revenue of USD 51.00 mn and an EBITDA of USD 459.2 mn, indicating robust financial performance. Mfind it sp. z o.o. operates on a performance-based revenue model, earning commissions from insurance providers for each policy sold, thereby ensuring a steady income stream through consumer engagement and strategic partnerships.Looking ahead, Mfind it sp. z o.o. plans to introduce new features and products to its platform, with specific details on launch dates to be confirmed. The company is also exploring expansion into broader European markets, targeting regions that require efficient insurance solutions, within the next few years. The funding raised in October 2017 will be utilized to support these expansion efforts and enhance the technological capabilities of their platform.

## Funding rounds

- Seed, Aug 17, 2015 — MCI Capital

## Investors

- MCI Capital (https://capitalatlas.ai/funds/mci-capital) — Seed