Feather provides an English-language digital insurance platform and recommendation tool that helps expats choose coverage starting with health insurance and including add-ons such as life, pet, automotive and personal liability insurance. The product emphasizes transparent policies, unbiased recommendations and simple digital claims processes, and the company partners with legacy insurers rather than displacing them. Feather currently serves expats in Germany, France and Spain and says it achieved more in six months post-launch in Spain than in its first 18 months in Germany. The startup is taking a "big bet" on employee benefit insurance for companies that hire many expats and plans to expand to three more countries by the end of 2024. Management says the business has been healthy and sustainable over the last six years, and the company pursued fundraising after a challenging due-diligence environment for insurtechs. Feather also counts senior insurance executives on its cap table and positions itself as a partner to incumbents while scaling internationally. Feather is a Berlin-based insurtech founded in 2018 by Rob Schumacher and Vincent Audoire that markets 'Honest, simple insurance' with an expat focus and English-language policy management. The product positions itself as an easy way for non-German speakers to manage policies. The company reports it is already profitable, operates with a team of 20, and has served over 30,000 customers from about 150 countries. Feather initially bootstrapped growth and previously raised €100,000 from Entrepreneur First rather than pursuing a conventional seed round. New investors and founders said they quickly developed ideas to grow the business together. Investors highlighted parallels to other B2C fintech success and signaled support for expanding the business and product reach.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2024