Wefox Group, the Berlin-based insurance tech startup, raises $125M Series B led by Mubadala
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Wefox Group
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Lemon
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Ashton Kutcher
Julian Teicke
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Lemonade
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Summary
Related to this, Wefox Group plans to make the underlying technology of One available to other insurance providers so they too can plug proactive insurance provision into the Wefox platform, based on specific cohorts, scenarios and specialist coverage.Ultimately, the grand vision and big bet — and no doubt what attracted such large amounts of capital into this Series B round — is that insurance will transition to a platform play, fueled by responsibly harnessing various types of data.
As said here by Steve O'Hear