Knip
insurtech . aggregators / policy management
Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!
About
Dennis Just and Christina Kehl founded Knip AG in September 2013. Ever since, we have been growing in leaps and bounds, and now have over 100 employees based in Berlin (Germany), Belgrade (Serbia), New York (USA) and Zurich (Switzerland). As a start-up, we are funded by venture capitalists from the U.S., Switzerland, Germany, and the Netherlands. Our company is registered with Finma and IHK, the German Chamber of Industry & Commerce. Knip is certified by TV, the German Technical Inspection Agency. The Knip-App is an innovative mobile insurance manager that makes it easy for you to track all your insurance policies, premiums, and benefits. Our insurance experts are there to advise users on all facets of their policies. You can electronically adjust premiums, execute new policies, or cancel old ones. Our insurance experts strive for transparency and unbiased advice.
Knip is an innovative digital insurance manager that gives users an easy-to-understand overview and analysis of existing insurance policies, tariffs and services. It helps users to manage and optimize their insurance policies. It offers information about insurance, fintech & startups to the users. It is available for both iOS and Android users. It is also a comparison platform that enables users to compare between various health insurance products.
Focus
PRODUCTS & SERVICES
To manage Insurance policies & tariffs on mobile app. Users can get an overview of all their policies, from household items to cars through the mobile app. They can also avail for expert insurance advice at any time.
REVENUE MODEL
Company earns revenue by collecting commission and management fee from insurance companies.
EXISTING PARTNERSHIPS
In June 2017
Knip have completed a merger with komparu to create "the digital insurance group" and post-merger its platform will be serving a third of the nearly 1.1 trillion euro European insurance market. Knip app has 400,000+ downloads.
PRIMARY PROBLEM SOLVED
The app makes it easy for users to track all their insurance policies, premiums, and benefits.
COMMENT
The app gives its users an overview of existing insurance policies, tariffs and services, as well as automatically analyses their insurance coverage to spot any potential gaps and provide recommendations on how to improve individual insurance protection.
Traction
VALUATION / MARKET CAP:
$103.1 M in 2015
COMPANY TYPE:
For Profit
People
FOUNDERS
Dennis Just
BOARD MEMBERS AND ADVISORS
Reinier Musters
Radboud Vlaar
Alex Stockl
NUMBER OF EMPLOYEES
51-200
INVESTORS:
KEY EMPLOYEES:
Christina Kehl
COMMENT:
Dennis Just is the co-founder,CEO of Knip. He invented,expanded the "digital insurance broker" as new field of insurance business. He also grew Knip to 120 FTE, 50+ mio EUR policy volume,raised 20+ mio EUR to drive the vision
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
3
TOTAL FUNDING
$15.7 M
DATE OF LAST FUNDING
Oct 2015
IPO STATUS
Private
ESTIMETED REVENUE RANGE
$1M to $10M
SEED CLOSED ON
Mar 2014
FUNDING SERIES
SERIES A · --- · Oct 2014
SERIES B · $15.7 M · Oct 2015
LISTED
NO
M&A
ACQUIRED BY
Digital Insurance Group
ANNOUNCED DATE
Jun 2017
PRICE
---
Web Traffic
MONTHLY VISITS
1,634
AVERAGE VISITS (6 MONTHS)
1,070.05
MONTHLY VISITS GROWTH
10.08%
VISIT DURATION
20
VISIT DURATION GROWTH
-89.25%
PAGE VIEWS VISIT
1.67
PAGE VIEWS VISIT GROWTH
29.4%
BOUNCE RATE
36.13%
BOUNCE RATE GROWTH
-34.78%
GLOBAL TRAFFIC RANK
4,896,144
MONTHLY RANK CHANGE
-3,403,068
MONTHLY RANK GROWTH
-41%
Sign up for 7 days free trial with MEDICI Inner Circle to follow and track profiles you care about.
Join the exclusive global FinTech community
Be a part of the global FinTech community on WhatsApp
Knip
About
Knip is an innovative digital insurance manager that gives users an easy to understand overview and analysis of existing insurance policies, tariffs and services.
Focus
PRODUCTS & SERVICES
To manage Insurance policies & tarrifs on mobile app
REVENUE MODEL
Company earns revenue by collecting commission and management fee from insurance companies.
TOP PROBLEM SOLVED
The app makes it easy for users to track all their insurance policies, premiums, and benefits.
Traction
LIVE USERS/TRANSACTIONS:
No live users/transaction yet
People
BOARD MEMBERS AND ADVISORS:
Reinier Musters, Alex Stockl, Radboud Vlaar
INVESTORS:
Momentum
FUNDED
YES
TOTAL FUNDING:
$15.57 M
LISTED
NO
FUNDING SERIES
SERIES B · $15.57 M · ---