Xpension operates an online corporate pension and life insurance SaaS platform (trading as xbAV) that connects life insurers, insurance agents and corporate and private customers. The company has onboarded more than 40 life insurers, 11,000 insurance agents and 3,000 SMEs to its platform. Xpension has launched a video platform for agents to speak to clients following the COVID-19 pandemic. The new funding will be used to scale the corporate pension and life insurance offering in Germany, expand into private pensions, life insurance and corporate health insurance, and prepare a rollout into other European countries. Martin Bockelmann is CEO and founder; Lars Hinrichs serves as active chairman and is the largest private shareholder. The company has raised more than €50 million in total funding to date.

Total raised

$27M

Funding rounds

1

Latest round

Series C

Latest activity

Apr 2020