Founded in 2016, Hepster operates an API-driven ecosystem that allows companies across industries to embed needs-based, individual insurance policies directly into their own offerings. Its portfolio spans mobility, electronics, equipment, travel, pet, and accident insurance, giving partners a wide range of coverages to bundle with their products or services. To date the company has secured more than 2,500 partners and serves over 250,000 customers with a catalogue of more than 500 customised insurance products. Headquartered in Rostock, Germany, Hepster currently operates in Germany and Austria and expanded into France in spring 2022. The platform’s flexibility and breadth have positioned it as a key provider in the rapidly growing embedded insurance sector. With the fresh capital, management plans to accelerate geographic expansion, maintain sustainable growth, and chart a clear path to profitability. These efforts aim to cement Hepster’s foothold in existing markets while opening new revenue streams in additional European territories.

Total raised

$22M

Funding rounds

3

Latest round

Series B

Latest activity

Jul 2023