# simplesurance

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

- Industry: Financial Services
- Headquarters: Berlin, Germany
- Website: www.schutzklick.de
- Total disclosed funding: $37M
- Latest round: Series C (May 8, 2018)
- Investors on record: 10

## About

Simplesurance GmbH, through its brand Schutzklick.de, offers innovative insurance solutions for personal electronics, providing fast and reliable coverage for devices against damage or loss.Founded in 2012 and headquartered in Berlin, Germany, Simplesurance GmbH specializes in insurance solutions for consumer electronics. The company has successfully secured multiple funding rounds, with the most recent being a VENTURE DEBT round amounting to EUR 15.000 mn in September 2023, raising a total of EUR 11.500 mn. Allianz AG fully acquired the company in September 2022 to enhance its technological capabilities and customer service. The firm has completed a total of 13 deals since its inception.Schutzklick.de, a brand of JODEXNIS Versicherungsmakler GmbH, primarily offers insurance solutions designed to protect electronic devices and other personal property. The core product offerings include various types of insurance policies for mobile phones, laptops, tablets, cameras, and bicycles, ensuring that customers can secure their investments from damage or loss. The insurance coverage is available immediately upon purchase, with policies that can be activated within seven days of acquiring a device. Schutzklick focuses on providing worldwide coverage, allowing devices to be insured even when the customers are traveling or abroad. Their client base includes individual consumers in Germany, Austria, and Switzerland, who are looking for quick and efficient online insurance solutions for their valuable electronics and personal belongings.For the most recent year, 2023, Simplesurance GmbH reported a revenue of EUR 4,581,607.40, with an EBITDA of EUR -5,734,240.50, indicating the ongoing development of their subscription-based insurance model.Looking ahead, Simplesurance GmbH aims to leverage recent funding to expand its product offerings and enhance its online platform. The company's future strategy includes launching new insurance products tailored for emerging technologies and expanding its reach into additional European markets by the end of 2024. The acquisition by Allianz AG will support these initiatives by strengthening the technological framework and improving customer service operations.

## Funding rounds

- Series C, May 8, 2018, $24M — Allianz AG, Route 66 Ventures, Rakuten Capital, Gerbig Ventures
- Series B, Feb 9, 2015, $8M — Rheingau Founders, Route 66 Ventures
- Series B, Jul 1, 2014, $1.1M — Rheingau Founders, Klingenstein Fields Advisors, Assurant Growth Investing
- Series A, Jun 24, 2013, $3.3M — KfW Banking Group, German Startups Group, Gröger Management
- Seed, Nov 21, 2012, $0.7M — German Startups Group

## Investors

- German Startups Group (https://capitalatlas.ai/funds/german-startups-group) — Seed, Series A
- KfW Banking Group — Series A
- Gröger Management (https://capitalatlas.ai/funds/groger-management) — Series A
- Rheingau Founders (https://capitalatlas.ai/funds/rheingau-founders) — Series B
- Klingenstein Fields Advisors (https://capitalatlas.ai/funds/klingenstein-fields-advisors) — Series B
- Assurant Growth Investing (https://capitalatlas.ai/funds/assurant-growth-investing) — Series B
- Route 66 Ventures (https://capitalatlas.ai/funds/route-66-ventures) — Series B, Series C
- Allianz AG — Series C
- Rakuten Capital (https://capitalatlas.ai/funds/rakuten-capital) — Series C
- Gerbig Ventures — Series C