Yolo is an insurtech startup headquartered in Milan that enables users to activate micro-insurance policies in real time and pay only for the exact period they need coverage. Its fully digital, paperless platform works on both PC and mobile, making it possible to buy protection for a specific day, week, or event. The company organizes its offering into four verticals: YOLO viaggi (travel), YOLO beni (everyday items), YOLO persone (personal coverage), and YOLO salute (health). All products follow a pay-per-use model designed for flexibility and immediacy. Co-founders Simone Ranucci Brandimarte and Gianluca De Cobelli aim to use the proceeds from their initial funding to accelerate technology and product development. To date, Yolo has secured €1 million in external financing through its first venture capital round.

Total raised

$14M

Funding rounds

3

Latest round

Equity

Latest activity

May 2024