Wefox - About the company
Wefox is an acquired company based in Roggwil (Switzerland), founded in 2015 by 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 79 active competitors, including 12 funded and 12 that have exited. Its top competitors include companies like Leocare, Luko and Stubben Edge.
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/
- 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
3rd among 79 active competitors
Employee Count
299 as on Jul 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 64 institutional investors.
Here is the list of recent funding rounds of Wefox:
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Date 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 | - | - | - |
View details of Wefox's funding rounds and investors
Wefox's founders and board of directors
Founder? Claim ProfileThe founders of Wefox is Julian Teicke. Joachim Müller is the CEO of Wefox.
Here are the details of Wefox's key team members:
- 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 6m | |
Team | - | Past | 2y 6m |
View details of Wefox's Founder profiles and Board Members
Wefox's employee count trend
Wefox has 299 employees as of Jul 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 Leocare, Luko and Stubben Edge. 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 | App-based P&C insurance platform for individuals | $138M | 65/100 | ||
2nd | App-based insurance platform for individuals | $84.9M | 65/100 | ||
3rd | Wefox 2015, Roggwil (Switzerland), Acquired | App-based P&C insurance comparison platform for individuals | $1.61B | 65/100 | |
4th | Stubben Edge 2010, London (United Kingdom), Series A | Cloud-based insurance agency management solutions for insurance brokers | $37.1M | 53/100 | |
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 | 52/100 | |
7th | App-based P&C insurance platform for individuals | $24.2M | 52/100 | ||
8th | Neodigital 2017, Neunkirchen (Germany), Series B | Online property & casualty insurance platform for individuals | - | 49/100 | |
9th | Advisortech solution provider | - | - | 47/100 | |
10th | Provider of auto, home, liability, and travel insurance policies | $129M | 41/100 |
Looking for more details on Wefox's competitors? Click here to see the top ones
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) |
News related to Wefox
Media has covered Wefox for a total of 9 events in the last 1 year, 3 of them have been about company updates and 2 about people movement.
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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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