About Internet First Insurance Platforms sector in Austria
The Internet First Insurance Platforms sector in Austria comprises 11 companies, including 6 funded companies having collectively raised $163K in venture capital money and private equity. Out of these, 1 is Series A+ funded.
Internet First Insurance Platforms sector in Austria has seen 1 acquisition. This represents almost 9.1% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies which provide tech platforms to consumers for purchasing and managing their insurance.
Internet First Insurance Platforms sector is also known as Online Insurance, Virtual Insurance, E-Insurance or Digital-First Insurance platfrom.
Internet First Insurers including P2P Insurers; Insurance Comparison Platforms, Consumer Insurance Management Platforms, Insurance-Related Knowledge Platforms Traditional Insurers; Traditional Insurance Brokers; Service Providers for Insurance Industry like TPAs, Claims Adjusters, etc; Software providers to insurers and intermediaries; Data providers to insurers
Top Internet First Insurance Platforms Companies in Austria
There are 11 Internet First Insurance Platforms startups in Austria which include LAMIE, Warrify, durchblicker.at, Dolphin Technologies, Weiss. Out of these, 6 startups are funded, with 1 having secured Series A+ funding.
Notably, several of these startups have been founded by alumni of Kellogg School of Management.
Here is the list of top Internet First Insurance Platforms startups in Austria
_1540878376871.png?format=webp&height=120&width=120){kind=logo}
1. LAMIE
LAMIE is an online P&C insurance distribution platform. Offers users home insurance, household items insurance, wedding insurance & fixed-weather insurance. Users need to provide their basic details to apply online.
Key facts about LAMIE
- Founded Year: 2015
- Location: Linz (Austria)
- Stage: Unfunded
- Tracxn Score: 43/100 What is this?
2. Warrify
App-based platform offering digital customer touchpoint from the receipt. It enables users to track the date of purchase, price, and manufacturer based on the invoices. It helps users in claiming & extending guarantees, and finding repair shops. The app is available for Android and IOS platforms.
Key facts about Warrify
- Founded Year: 2018
- Location: Klosterneuburg (Austria)
- Stage: Seed
- Total Funding till date: $163K
- Investors: Tenity, Startup Live and 1 Other
- Latest Funding Round: Seed, Dec 03, 2021, $*****
- Tracxn Score: 30/100 What is this?
durchblicker.at is a price comparison website for financial products and household bills. The company offers 17 categories including insurance, electricity and banking. Users can easily compare products and find products that perfectly fit their individual needs, while saving lots of money. It has built a network of partners like Arbeiterkammer Oberösterreich, ARBÖ and Global 2000. The platform also successfully integrates its price comparison tools into website of several Austrian media companies.
Key facts about durchblicker.at
- Founded Year: 2009
- Location: Vienna (Austria)
- Stage: Acquired
- Latest Funding Round: Angel, Aug 2010, $*****
- Tracxn Score: 30/100 What is this?
- Competitors Rank: 2 of 6 Competitors
Dolphin Technologies provides telematics solutions for insurance. The company provides smartphone-based apps, an OBD-based plug-and-play device, and a telematics box allowing features such as driving scores, event-based interactions, automatic accident reporting, vehicle location or diagnostics, and others.
Key facts about Dolphin Technologies
- Founded Year: 2001
- Location: Vienna (Austria)
- Stage: Funding Raised
- Investors: itom invest
- Tracxn Score: 24/100 What is this?
- Competitors Rank: 3 of 6 Competitors
5. Weiss
App-based comparison platform for health and P&C insurances. It offers quotes for home insurance, health care protection, auto insurance, and more. It also offers claim processing solutions. The app is available for Android and iOS platforms.
Key facts about Weiss
- Location: Ried Im Innkreis (Austria)
- Stage: Unfunded
- Tracxn Score: 24/100 What is this?
- Competitors Rank: 1 of 3 Competitors
Companies founded year-on-year in the Internet First Insurance Platforms sector in Austria
1 Internet First Insurance Platforms startup in Austria were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | 1 |
2019 | - |
2018 | 1 |
2017 | - |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Internet First Insurance Platforms sector in Austria
Recent Funding Rounds in Internet First Insurance Platforms in Austria
In the year 2021, till December 2021, Internet First Insurance Platforms companies in Austria have raised $163K in equity funding across 1 round.
Here are some recent, important funding rounds in Internet First Insurance Platforms companies in Austria:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8390 | Dec 03, 2021 | ||
Angel | 8861 | Aug 2010 | - |
Top Investors in Internet First Insurance Platforms in Austria
Plug and Play Tech Center is the top investor in Internet First Insurance Platforms companies in Austria based on number of companies invested.
Here are some top investors in Internet First Insurance Platforms companies in Austria:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Sunnyvale (United States) | - | |
Vienna (Austria) | - | |
Vienna (Austria) | - | |
Wiener Neustadt (Austria) | - | |
Vienna (Austria) | - |
M&A activity in Internet First Insurance Platforms sector in Austria
In the year 2021, till December 2021, 1 acquisition happened in Internet First Insurance Platforms sector in Austria.
Here are some recent, important acquisitions in Internet First Insurance Platforms sector in Austria:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 17, 2021 |
Acquisition trends in Internet First Insurance Platforms sector in Austria
Here are the acquisition trends in Internet First Insurance Platforms sector in Austria:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
