Wefox - About the company
Wefox is an acquired company based in Roggwil (Switzerland), founded in 2015 by Fabian Wesemann and Julian Teicke. It operates as an App-based P&C insurance comparison platform for individuals. Wefox has raised $1.61B in funding from investors like Mubadala, Target Global and Horizons Ventures, with last known valuation of $4.5B. The company has 81 active competitors, including 13 funded and 13 that have exited. Its top competitors include companies like Luko, Stubben Edge and Leocare.
Sectors and market segments that Wefox operate in
Wefox serves in the FinTech, InsurTech market segments.The primary business model of Wefox are:Company Details
App-based P&C insurance comparison platform for individuals. It offers quotes for motor, personal liability and household insurances. It offers a platform for users to manage policies digitally. The app is available for Android and iOS platforms.
- Website
- www.wefox.com/
- Social
- Email ID
- *****@wefox.de, *****@wefox.com
- Phone Number
- +49 **********, +49 **********
Key Metrics
Founded Year
2015
Location
Roggwil, Switzerland
Stage
Acquired
Total Funding
$1.61B in 15 rounds
Latest Funding Round
Last Known Valuation
$4.5B as on Jul 12, 2022
Ranked
1st among 81 active competitors
Employee Count
316 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by J.C. Flowers (Jun 16, 2025)
Legal entities associated with Wefox
Wefox is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
wefox Insurance AG CIN: HRB230974 , Germany, Active | Dec 31, 2014 | - | 39 (As on Dec 31, 2020) | |
wefox Germany GmbH CIN: HRB170236B , Germany, Active | Sep 09, 2015 | - | - | |
wefox Holding AG CIN: 1201794 , Switzerland, Active | Jun 12, 2024 | - | - | - |
Wefox Group Services (GER) Gmbh CIN: HRB171284 , Germany, Active | Dec 31, 2015 | - | 394 (As on Dec 31, 2021) | |
wefox Insurance AG Niederlassung Deutschland CIN: HRB230974 , Germany, Active | Jan 01, 1970 | - | - |
Wefox's acquisition details
Wefox got acquired by J.C. Flowers on Jun 16, 2025.
Click here to take a look at Wefox's acquisition in detail
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Wefox's funding and investors
Wefox has raised a total funding of $1.61B over 15 rounds. Its first funding round was on Jan 12, 2016. Wefox has 62 institutional investors.
Here is the list of recent funding rounds of Wefox:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 09, 2025 | $89.1M | Series D | - | - | - | - |
Jul 09, 2025 | $88M | Conventional Debt | - | - | - | |
Jul 30, 2024 | Undisclosed | Series D | - | - | - |
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Wefox's founders and board of directors
Founder? Claim ProfileHere are the details of Wefox's key team members:
- Fabian Wesemann: Co-Founder & CIO of Wefox. They are also an angel investor in 5 startups.
- Julian Teicke: Co-Founder of Wefox. They are also an angel investor in 9 startups.
- Joachim Müller: CEO of Wefox. Contact Info: 1 email address
Wefox's Board of Directors
Wefox's board has 2 active members. Dario Fazlic and Julian Teicke are part of team.Here is the list of Wefox's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 4m | |
Team | - | Past | 2y 6m |
View details of Wefox's Founder profiles and Board Members
Wefox's employee count trend
Wefox has 316 employees as of Mar 26. Here is Wefox's employee count trend over the years:
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Wefox's Competitors and alternates
Top competitors of Wefox include Luko, Stubben Edge and Leocare. Here is the list of Top 10 competitors of Wefox, 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 insurance platform for individuals | $84.9M | 65/100 | ||
3rd | Stubben Edge 2010, London (United Kingdom), Series A | Cloud-based insurance agency management solutions for insurance brokers | $37.1M | 61/100 | |
4th | App-based P&C insurance platform for individuals | $138M | 56/100 | ||
5th | Online platform that provides usage-based insurances | $40M | 52/100 | ||
6th | Thinksurance 2015, Frankfurt Am Main (Germany), Series C | Diversified software solutions for insurance distribution | $38.5M | 50/100 | |
7th | Advisortech solution provider | - | - | 47/100 | |
8th | Linea Directa Aseguradora 1995, Tres Cantos (Spain), Public | Insurance company offering a range of insurance products and services, including motor, home, and health insurance | - | - | 42/100 |
9th | Provider of auto, home, liability, and travel insurance policies | $129M | 41/100 | ||
10th | App-based P&C insurance platform for individuals | $24.2M | 41/100 |
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Wefox's Investments and acquisitions
Wefox has made 1 investment in Smart and acquired Vmk and One Insurance.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 03, 2025 | Acquisition | Klosterneuburg (Austria) | ||
Mar 07, 2024 | Investments | 2014 | London (United Kingdom) | |
Jun 26, 2017 | Acquisition | 2016 | Vaduz (Liechtenstein) |
Want to know more about where corporates are investing? Sign up today!News related to Wefox
Filter this listMedia has covered Wefox for a total of 11 events in the last 1 year, 3 of them have been about people movement and 2 about company updates.
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Afori financing round: New startup from wefox founders launches with €4 millionTrending Topics•Oct 14, 2025•Wefox, General Catalyst, Afori, Yellow and 2 others
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European Insurtech wefox Appoints Dieter Bartl as CFO to Drive Business GrowthCrowdfund Insider•Sep 30, 2025•Wefox
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Startups Evulpo Receives CHF 8.8 Million in Series A FundingMoneycab•Aug 18, 2025•Evulpo, Serpentine Ventures, Wefox, UBS and 3 others
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Swiss edtech Evulpo raises $10.74m series A for AI platform growthTech in Asia•Aug 18, 2025•Evulpo, Serpentine Ventures, Pfister Faucets, Wefox and 2 others
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wefox Austria brings Stephan Ehrenfeldner from Allianz into the management teambrutkasten•Jul 31, 2025•Wefox, Allianz
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Wefox Secures €151M Funding to Expand MGA Focus & Strengthen Core MarketsInsurance Journal•Jul 07, 2025•Wefox, Searchlight Capital, InsureMO
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