German InsureTech platform Hepster raises $10M Series A led by Element Ventures – TechCrunch
German insurtech platform Hepster raises $10M Series A led by Element Ventures Hepster, an insurtech platform from Germany, has raised $10 million in a Series A funding round led by Element Ventures. Also participating was Seventure Partners, MBMV and GPS Ventures, as well as previous investors. The funds will be used to broaden the Hepster insurance ecosystem and scale up its network, with an emphasis on automation. The German insurance market is famously slow at adopting new practices, and Hepster is part of a new wave of insurtech startups in the country taking advantage of this. It allows...
Source: techcrunch.com