Venture Capital

Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend

European insurance tech startup Wefox has raised $400 million in a series D round of funding, giving the German company a post-money valuation of $4.5 billion. This represents a 50% increase on last year’s $3 billion valuation at its series C round. Founded out of Berlin in 2015, Wefox sells various …

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