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WEFOX
wefox
Insurtech (digital insurance distribution) · Switzerland · Founded · 2015 · ≈ · 200 · employees

wefox — Valuation, Funding & Investors

Private

Founded in 2015, wefox operates in insurtech (digital insurance distribution). Its most recent disclosed valuation is $500M. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
wefox at a glance
Last valuation
$500M
POST-MONEY · JAN 2024
Raised across rounds
$1.1B
6 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

wefox valuation history

4 valuations. The latest, $500M post-money, was set by the Down round / rescue financing in Jan 2024.

$500M
Jan 2019
$1B
Growth round (unicorn round) · post-money
Jun 2021
$3B
Series C · post-money
+200% vs prior valuation
Jan 2022
$4.5B
Series D · post-money
+50% vs prior valuation
Jan 2024
$500MLATEST
Down round / rescue financing · post-money
−89% vs prior valuation
Latest valuation
$500Mpost-money
Set by the Down round / rescue financing · 1 Jan 2024
×0.5since the $1B Growth round (unicorn round) in Jan 2019
Valuations
4
Priced rounds with a valuation
Event type
Primary round
The Down round / rescue financing
Funding history

wefox funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Jan 2016
$5.5M
—
Salesforce Ventures
—
Growth round (unicorn round)
Jan 2019
—
$1B
—
—
Series C
Jun 2021
$650M
$3B
Target Global
+200.0%
Series D
Jan 2022
—
$4.5B
—
+50.0%
Series D
Jul 2022
$400M
—
Mubadala
—
Down round / rescue financing
Jan 2024
—
$500M
—
−88.9%
wefox · investors

Investors

MMubadalaLEADTarget GlobalLEADSalesforce VenturesLEAD
Will wefox IPO?
Founded
2015
Jan 2016
Seed
Jan 2024
Down round / rescue financing · $500M
IPO
Not announced
No filing has been made.
wefox — the private market
Last valuation$500M · post-money · Jan 2024
Total raised$1.1B
Lead investors
MubadalaTarget GlobalSalesforce Ventures
IPO statusNot announced
Founded · HQ2015 · Switzerland
Employees≈ 200
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About wefox

wefox is a Zurich-based insurtech group founded in 2015 under the FinanceFox brand and renamed wefox in 2017. The group owns ONE, an insurance app, and wefox, a digital marketplace for insurance, that employs 330 people and serves 500,000 customers across several European markets.

wefox is a digital insurance company that sells own and third party products via human agents and not via direct channels, using analytics to price and match cover for customers. The company has undergone a major restructuring since its unicorn years but still distributes insurance across Europe.

The money screen · ranked by accessibility

How to get wefox exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds wefox.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. wefox availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — wefox included.

No account needed

wefox stock — frequently asked questions

Who has invested in wefox?›

Lead investors for each round are in the funding timeline.

Who are wefox's competitors?›

The closest insurtech (digital insurance distribution) peers are on the competitors page.

How can I get exposure to wefox?›

The routes section explains what is realistically available for a company at this stage.

Is wefox publicly traded?›

No. wefox is a private company; its shares do not trade on a public exchange.

What is wefox's valuation?›

The last valuation is $500M.

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