• FOUNDING YEAR: 2013
    LOCATION:
    Singapore
    REGION:
    Last Update:
    18 Oct, 2019

Description

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:
Viewable by subscribers only
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.

PEOPLE

FOUNDERS:
Dennis Just, Christina Kehl
Board Members and Advisors:
Reinier Musters, Alex Stockl, Radboud Vlaar
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Creathor Venture, Orange Growth Capital (OGC), QED Investors, Redalpine Venture Partners, Route 66 Ventures, Tim Ringel, Nils Reimelt
COMMENT:
Dennis Just is the co-founder and CEO of Knip. He invented and expanded the "digital insurance broker" as new field of insurance business. He also grew Knip to 120 FTE, 50+ mio EUR policy volume and raised 20+ mio EUR to drive the vision

TRACTION

VALUATION / MARKET CAP:
$103.1 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$15.57 Millions
SEED PRIOR FUNDING COMMENT:
Undisclosed amount
FUNDING SERIES:
SERIES A
qgrpiknurd imafeyfygd Closed:
SERIES B
$15.57 Millions Closed:
COMMENTS
SERIES A : An undisclosed amount was funded in Series A round.
LISTED:
NO

LATEST RESEARCH