# WeGroup NV

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

- Industry: Software
- Headquarters: Belgium
- Website: www.wegroup.be
- Total disclosed funding: $5.2M
- Latest round: Series A (Jul 31, 2020)
- Investors on record: 5

## About

Based in Ghent, Belgium, and founded in 2017 by its CEO Arvid De Coster, CFO Rémi Wildschut, and CTO Bjorn Vuylsteker, WeGroup NV operates as an insurtech company that helps insurance intermediaries to connect digitally with their customers. In July 2020, WeGroup raised EUR 3 million in series A funding led by Truffle Capital, with participation from Seeder Fund. As of July 2022, the company has a team of 25 people that serves more than 100 insurance intermediaries.

WeGroup NV offers an online distribution insurance platform for insurance brokers with various features such as risk and needs analysis of the customer and provides insurance advice; product comparison and multi-tarification; customer follow-up; generate automatic reports with legal provisions (MiFID); product comparison.

WeGroup NV generates revenue through its software subscription package for EUR 105 available on monthly basis.

The company plans to use the series A funding to expand operations in France and strengthen its position in the Belgian market.

## Funding rounds

- Series A, Jul 31, 2020, $3.5M — Truffle Capital, Seeder Fund
- Seed, Aug 7, 2019, $1.7M — PMV, KBC Bank, Agentschap Innoveren & Ondernemen

## Investors

- PMV (https://capitalatlas.ai/funds/pmv) — Seed
- KBC Bank — Seed
- Agentschap Innoveren & Ondernemen (https://capitalatlas.ai/funds/agentschap-innoveren-ondernemen) — Seed
- Truffle Capital (https://capitalatlas.ai/funds/truffle-capital) — Series A
- Seeder Fund (https://capitalatlas.ai/funds/seeder-fund) — Series A