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The Venture Codex

UNIQA Ventures

1 Praterstrasse Spc 13, Vienna, Wien, 1020, Austria

Overview

UNIQA Ventures GmbH is the Venture Capital arm of UNIQA Insurance Group AG, a leading insurance carrier in Central & Eastern Europe and a pioneer in Corporate-backed Venture Capital in Austria and CEE. Based in Vienna, Austria, the firm is investing in outstanding business models driven by strong teams and a clear vision to shape the future of key industries. Investment areas are the future of Health, Mobility, Intelligent Home and FinTech/InsurTech as well as enabling technologies such as IoT, Blockchain, ML/AI.

Total investments
18
Lead investments
3
Investments · 12mo
0
Active investors
1

Sector focus

  • Automotive
  • Clean Energy
  • CleanTech
  • Enterprise Software
  • FinTech
  • Health Care
  • InsurTech
  • Logistics
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Investment portfolio

  • doctorly

    Participated · Series A · Nov 2023

    doctorly builds a regulated, cloud-based operating system that replaces legacy practice management software used by medical practices. The product aims to cut administrative time by up to 50% and unifies billing, records, calendar, prescriptions and insurance workflows for doctors. The company sells via B2B and B2C models and claims to be the only VC-backed firm in Germany authorised to sell into the legacy practice management software industry. In 2023, just under 20% of practices contacted signed contracts, and conversion rates have improved quarter over quarter. Launched in 2022, doctorly plans to use fresh capital to expand growth in Germany, add platform features, and recruit to support commercial expansion. The team positions the product as a full replacement for legacy systems rather than an add-on service. doctorly offers a software platform designed to simplify and improve interactions between doctors, patients and the wider healthcare industry. Its product suite includes a SaaS-based practice management system and a patient health app. The company raised €9.4M in a Series A round. It intends to use the funds to expand operations and its business reach within Germany and to develop new technology features. doctorly was founded in 2018 and lists Samir El-Alami, Anna Von Stackelberg, Nicklas Teicke, Sebastian Lau, and Alexandru Boghean as founders. The business is based in Berlin, Germany. Doctorly builds practice management software for doctors and also provides a patient health app and an integration platform that enables third‑party developers to embed tools into the platform. Founded in 2017, the company says it aims to replace outdated practice management systems used by doctors in Germany and internationally. Its patient app digitizes the relationship between patients and their doctors and complements its core practice management product. The team conducted research with thousands of doctors and nurses and reports that healthcare professionals spend roughly 75% of their working day interacting with legacy software. Doctorly recently raised $5.6 million in a funding round led by Speedinvest.

  • Abi Global Health

    Led · Series A · Apr 2023

    Abi Global Health develops a proprietary deep-technology telehealth platform that integrates AI and machine‑learning with real clinicians to improve speed, effectiveness and quality of care. The company positions its solution for large healthcare stakeholders; current clients include top‑five global pharmaceutical and insurance organisations seeking to expand access while allocating health resources efficiently. Founded in 2016 by Kim‑Fredrik Schneider and Dr. Victor Vicens, Abi’s mission is to make healthcare radically accessible for all. The recent Series A provides growth capital to support continued expansion into additional markets to meet the needs of local, regional and global clients. The announcement highlights the company’s focus on scaling market presence rather than disclosing specific operating metrics or valuation.

  • ifeel

    Led · Series A · Nov 2022

    ifeel began in 2017 as a consumer-focused therapy platform and pivoted during the pandemic to let businesses and insurance providers offer staff mental-health support. Its core product starts with a digital assessment that functions as a co-pilot to an AI system, evaluating user risk and recommending appropriate levels of care. The platform recommends treatments ranging from mild interventions up to high-risk case pathways, with the stated goal of identifying high-risk users early to prevent serious impact. ifeel is offered as part of employers' or insurance providers' healthcare cover and competes with companies like Modern Health. Leadership describes the product as designed to help companies provide scalable, preventative mental-health support for employees. Financially, the company has raised a $20 million Series B and $40 million in total funding to date, after a prior $6.6 million raise in 2021. ifeel provides an annual emotional support plan for companies combining prevention, monitoring, digital exercises and access to specialized therapists via web and iOS/Android apps. The platform gives HR teams aggregate anonymous analytics on psychosocial risk factors and prevention resources. ifeel leverages AI and more than 10 million data points to screen, triage and prioritize users and to personalize experiences through hundreds of clinical tools and AI-enhanced recommendations. Individual users can access articles, an emotions diary, audio guides, relaxation/meditation tools, and direct sessions with professional psychologists, including online therapy. Founded in 2017 and based in Madrid, the service covers 23 countries in 21 languages and has over 800,000 users and 600 therapists. Customers include AXA Partners, SCOR SE, Glovo, Travelperk, Gympass, Thoughtworks and González Byass. ifeel delivers live therapy sessions with licensed psychologists alongside self-care features such as daily mood trackers, recommended exercises and personalized content. The platform uses AI to recommend the most relevant self-care content and is exploring AI tools to assist therapists within the practice. Founded in 2017, the company pivoted last year from a consumer-only model to a hybrid B2B/B2C approach to serve employers and insurance partners. That pandemic-driven pivot produced 1,000% growth in its B2B business and has led to partnerships with companies including AXA Partners, Glovo and Gympass. ifeel reports 400,000 total users across B2C and B2B, with 100,000 eligible users covered via partners and employees of about 100 companies using the service weekly. Its main markets so far are Spain, France, Brazil and Mexico, while its B2B and insurance network covers 20 countries and supports four languages (English, Spanish, French and Portuguese).

  • Insly

    Participated · Equity · Sep 2022

    Insly offers a low/no-code, full-cycle insurance software platform for insurers, brokers and MGAs, with modules for product launch, distribution, accounting, reporting and claims management. The platform targets C-suite employees and underwriters looking to launch and distribute new products and to streamline administration. The company plans to use the new funding to scale products, boost marketing, and accelerate growth. Insly was founded in 2013 and is led by founder and CEO Risto Rossar. It has grown to a team of 100 and maintains offices in Tallinn (core development), London (HQ), Vilnius and Warsaw. Insly serves over 1,000 brokers, MGAs and insurers with more than 15,000 users across 52 countries. Insly provides a low/no-code full-cycle insurance platform that enables insurers, MGAs, brokers, and underwriters to digitize and automate mid- and back-office operations including distribution, policy administration, underwriting, claims, and reinsurance. The product targets MGAs and brokers with the goal of simplifying insurance technology implementation and improving efficiency and customer experience. The company serves over 1,000 brokers, MGAs, and insurers, with more than 15,000 users and has processed over €0.5bn in gross premiums on its platform. Insly reports global revenues grew by over 30% in the last year and the business is close to breaking even. It operates offices in Tallinn (core development), London (HQ), Vilnius, and Warsaw. The company plans to use new funding to accelerate product development and ramp up sales and marketing to acquire additional customers. Insly is a UK-based provider of full-stack insurance software to sell and administer policies. Its platform is used by over 1,000 brokers and 30 underwriters, producing combined annual premiums of more than €1.1 billion. The company recently launched a low-code platform for MGAs and insurers that it says allows teams to build insurance products "ten times faster" than the previous software. Insly turned profitable during the COVID-19 period and maintained a notable 32% growth in sales. The product focus is on enabling brokers, MGAs and underwriters to speed product development and policy administration through its SaaS platform. Insly is a cloud-based insurance software company offering insurance policy management for brokers, agents, MGAs and wholesale. Founded in 2015 and based in London, UK, the company is led by CEO Risto Rossar. Insly's platform serves 180 customers across 40 countries. The company reported close to €2 million of revenue in 2017. Insly intends to use the new funds to develop its platform, scale the business and expand into new markets. Its core product focuses on cloud-based policy administration for intermediaries and managing general agents. Insly offers a SaaS-based solution for insurance brokers and agents to manage clients, policies, objects and payments, and includes a sales workflow for both clients and salespeople. The company was established about one and a half years earlier as a spin-off from an Estonian broker company by CEO Risto Rossar. Insly intends to use the seed funds to strengthen its development team and to map out new potential markets for growth. The business employs 30 people across offices in London, Tallinn, Minsk, Warsaw and Vilnius. Financially, Insly reported €870k in revenues in 2015 and expected to reach €1.6m in 2016. The product focus and the planned hiring and market expansion were cited as primary uses of the new capital.

  • Cachet

    Participated · Equity · May 2022

    Cachet, founded in 2018 in Tallinn, Estonia by Hedi Mardisoo and Kalle Palling, is a platform worker-focused insurance services marketplace. The company provides motor insurance for ride-hailing drivers and consumers, and delivery rider insurance covering personal injury, property damage, accidents and medical expenses. New plans will add third-party liability as well as personal health and accident coverage for gig workers. Cachet also offers a data-led fleet insurance model in the Baltics and the CEE region to improve risk management for commercial car and micro-mobility fleets and reduce insurance costs for workers and fleet managers. It serves more than 12 insurance underwriters, including carriers such as Allianz, PZU and VIG Group, and holds an insurance distribution license across most EU countries. Cachet currently operates in Estonia, Latvia and Poland and serves customers in the UK, Lithuania and Finland; platform partners include Bolt, Uber, Upsteam, Citybee and Cleanify. The company intends to use new funds to grow the team, improve its technology and data models, and expand within Europe. Cachet is a Tallinn‑based insurtech that offers financial services and insurance pricing tailored to gig workers on ride‑hailing platforms. The company acts as a trustee data layer between ride‑hailing platforms and insurance providers to enable more accurate pricing. In Estonia and Latvia roughly 25% of drivers on Uber, Bolt and Yandex Taxi use Cachet to find affordable insurance, sometimes at about half the price of traditional providers. Cachet raised €1.1 million in seed funding to expand into other sharing‑economy sectors and new markets. The startup plans to target urban mobility and vacation rental marketplaces next, and to enter the Nordics, Poland and the UK. Cachet was founded in 2018 by CEO Hedi Mardisoo and COO Kalle Palling and positions itself within the high‑growth embedded finance vertical.

Team

  • Andreas Nemeth

    CEO / Managing Partner

    LinkedIn