Luko - About the company
Luko is an acquired company based in Paris (France), founded in 2016 by Raphaël Vullierme, Benoît Bourdel, Raphael Vullierme and Benoit Bourdel. It operates as an App-based insurance platform for individuals. Luko has raised $84.9M in funding from Accel and EQT. The company has 24 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like Wefox, Leocare and Lovys.
Company Details
App-based insurance platform for individuals. It offers quotes for non-occupant homeowner insurance, electric scooter insurance, building insurance, borrower insurance, and more. Provides AI-driven tools and devices to prevent water and fire damage and detect intruders. It also offers claims processing services. The applications can be accessed on iOS and Android devices.
- Website
- www.fr.luko.eu/
- Email ID
- *****@getluko.com
- Phone Number
- +33 **********
Key Metrics
Founded Year
2016
Location
Paris, France
Stage
Acquired
Total Funding
$84.9M in 3 rounds
Latest Funding Round
Ranked
3rd among 24 active competitors
Employee Count
142 as on May 31, 2026
Exit Details
Acquired by Allianz (Jan 24, 2024)
Luko's acquisition details
Click here to take a look at Luko's acquisition in detail
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Luko's funding and investors
Luko has raised a total funding of $84.9M over 3 rounds. Its first funding round was on May 31, 2018. Its latest funding round was a Series B round on Dec 06, 2020 for $*****. 10 investors participated in its latest round. Luko has 16 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Luko:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 06, 2020 | 8659716 | Series B | 8379577 | 2325774 | 9222916 | 8998256 |
Nov 18, 2019 | 6837888 | Series A | 8255994 | 6702599 | 7856412 | |
May 31, 2018 | 2238649 | Angel | 2599213 | 3442695 | 8943782 |
View details of Luko's funding rounds and investors
Luko's founders and board of directors
Founder? Claim ProfileHere are the details of Luko's key team members:
- Raphaël Vullierme: Co-Founder & CEO of Luko. They are also an angel investor in 8 startups.Contact Info: 1 email address
- Benoît Bourdel: Co-Founder & CTO of Luko.
- Raphael Vullierme: Co-Founder & CEO of Luko and founder of 1 other company.
- Benoit Bourdel: Co-Founder & CTO of Luko and founder of 1 other company. Contact Info: 2 email addresses
View details of Luko's Founder profiles and Board Members
Luko's employee count trend
Luko has 142 employees as of May 26. Here is Luko's employee count trend over the years:
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Luko's Competitors and alternates
Top competitors of Luko include Wefox, Leocare and Lovys. Here is the list of Top 10 competitors of Luko, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wefox 2015, Roggwil (Switzerland), Acquired | App-based P&C insurance comparison platform for individuals | $1.61B | 69/100 | |
2nd | App-based P&C insurance platform for individuals | $138M | 65/100 | ||
3rd | App-based insurance platform for individuals | $84.9M | 65/100 | ||
4th | App-based P&C insurance platform for individuals | $24.2M | 52/100 | ||
5th | Rental guarantee & landlord insurance provider | $21.1M | 47/100 | ||
6th | AI-based claims inspection software for claims professionals | $2.39M | 46/100 | ||
7th | Provider of on-demand liability insurance solutions | $2.16M | 39/100 | ||
8th | Provider of rent guarantee insurance | $24.8M | 39/100 | ||
9th | Online usage-based auto insurance platform for individuals | $6.57M | 38/100 | ||
10th | Online platform for usage-based auto insurance | $3.61M | 34/100 |
Looking for more details on Luko's competitors? Click here to see the top ones
Luko's Investments and acquisitions
Luko has acquired 2 companies including Unkle and Coya. Luko has not made any investments as of now.Reports related to Luko
Here is the latest report on Luko's geography:
News related to Luko
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‘Insurtch’ Darwin receives a definitive license from Susep and leaves 'sandbox'Fusoes & Aquisicoes•Jan 17, 2024•InsureMO, Darwin Seguros, Luko
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European insurtech startup GVS acquires Luko’s German portfolio, expands customer base to 550KGlobal Village Space•Oct 09, 2023•Getsafe, Luko
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Assurtech: Luko acquired by the British AdmiralNews Assurances pro•Jun 16, 2023•ATC, Luko, Admiral Group, Admiral
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14 million euros for the takeover of LUKO by ADMIRAL GROUP?FrenchWeb•Jun 16, 2023•Luko, Admiral Group
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