Helvengo provides a digital alternative to traditional, broker-heavy commercial insurance by running automated risk analyses and compiling offers for professional liability, cyber and D&O coverage. The company targets entrepreneurs, startups and SMEs, aiming to simplify and speed up insurance procurement. Active in the Swiss market since last year, Helvengo emphasizes transparency and cost-effectiveness versus analogue processes. Its product combines risk analysis with flexible, tailor-made policies to address modern SME risks. The SME P&C market it addresses is estimated at over €75 billion. Helvengo plans to expand into the German and broader European markets and to grow via integrations with partner platforms and ecosystems.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022