WechselGott offers a fully automated contract manager that uses online-banking transaction data to automatically identify, compare and optimise electricity, gas and property insurance contracts for end consumers. Users can also take out new insurance policies in the app or cancel unnecessary subscriptions, and the company provides its services to banks and other partners. The product has been offered in Germany since 2019 and the company positions itself as a technology leader in automatic recording and processing of household contracts. WechselGott acts as a broker for relevant contracts. With the new investment it plans to expand its offering and product portfolio. Financially, the company closed a €5.6 million Series A at a €28 million post-money valuation.

Total raised

$6M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2021