Participated · Equity · Jul 2016

Finanzchef24 operates an online portal that allows small and medium enterprises and business owners to compare for free and purchase insurance coverage online. The platform generates offers tailored to some 900 distinct professions and businesses, covering business liability, professional indemnity, property and commercial legal insurance. Customers can also access phone-based expert advice from in-house risk consultants for specialized covers such as cyber, directors & officers, machine and transport insurance. The company serves as a distribution channel for 44 insurers, including Allianz, ARAG, AXA, Ergo, HDI, Hiscox, R+V and VHV. Co-founded by Hendrik Rennert and Felix Schollmeier, Finanzchef24 plans to use new funding to further develop its product portfolio. The business is based in Munich, Germany. Finanzchef24, founded in 2012 and led by Ralf Müller, Hendrik Rennert and Felix Schollmeier, operates an independent small-business insurance comparison portal and a broker-facing platform. The www.finanzchef24.de portal offers a free service for comparing insurance options and lets small businesses and self-employed operators sign up online for policies tailored to their needs. The service covers around 740 business types and sources products from 17 leading German insurance providers. Finanzchef PRO (www.finanzchefpro.de) enables insurance brokers to run online comparisons of small-business liability and contents insurance offerings. The company raised €4m in funding and intends to use the proceeds to expand marketing and invest in its Finanzchef PRO broker service. Finanzchef24 is based in Munich. Finanzchef24 operates an online marketplace for banking and insurance products, with a focus on commercial insurance and business bank accounts for companies and the self-employed. The company was co-founded in 2012 by managing directors Hendrik Rennert and Felix Schollmeier. It is based in Munich, Germany. Finanzchef24 has raised €2m in funding from Target Partners. The company intends to use the funding to expand its range of products in the coming months. The business is actively hiring as it pursues this expansion.