Balance Re
Christophstraße 15-17, Köln, Nordrhein-Westfalen, 50670, Germany
Overview
Balance Re is a London, UK and Cologne, Germany-based life reinsurance startup. It provides comprehensive reinsurance solutions to life insurance companies and pension funds to support capital management related to retirement and savings products. Its technology- and data-driven approach enables clients to free up capital to finance growth, support product repositioning and improve or regain competitive advantage. The company is led by founders Lucian Rautu and Michel Gauer. It recently licensed a Cologne-based German reinsurance company and intends to use the Series A proceeds to further support that operation. In August 2021 it raised $10M in a Series A to bolster its business.
- Total raised
- $10M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Aug 2021
Industries
- Financial Services
- Insurance
- InsurTech
Recent funding
Series A
Aug 2021
$10M