
Cinco Capital
Badestraße 2, Hamburg, Germany
Overview
Cinco Capital is an independent investment company which is headquartered in Hamburg, Germany. Cinco Capital is building a portfolio of holdings in private companies. Currently Cinco Capital holds investments in Europe and the U.S. in different industries such as technology, financial services, telecommunications, wholesale, marketing, media and others.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Financial Services
Investment portfolio
- Xempus AG
Participated · Series D · Mar 2022
Xempus is a Munich-based insurtech SaaS platform focused on digitising pensions and digital insurance distribution for insurers, agents, corporates, and employees. Its core product is a digital insurance distribution and pension management platform used by life insurers and insurance agents. Since March 2020 the company reports onboarding more than 15 life insurers and adding over 7,000 insurance agents, whose commissions have exceeded €200 million; it also says annual subscription revenue is positive and ARR more than doubled in 2021. The company plans to use new capital to further flesh out its product lineup and imminently launch a corporate health insurance service. Xempus intends to strengthen its market position in Germany while expanding to additional European outposts. The company recently raised $70 million in a Series D funding round to support those plans.
- HPE Growth
Participated · Series C · Apr 2020
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.
Team
Lars Hinrichs
Founder and CEO
LinkedIn