Digital insurance manager CLARK has secured 69m in Series C funding from Tencent, a leading Chinese web company, to expand its product and client base. Currently serving over 450,000 customers in Germany, CLARK aims to serve 1 million by 2023. The new investment will help CLARK focus on developing its AI-based product and user acquisition efforts in the German market.
Insurtech startup Clark, based in Frankfurt, Germany, has raised EUR69m in a new funding round led by Tencent. The company previously secured funding from Portag3 Ventures, White Star Capital, and Yabeo. This latest round will allow Clark to further develop its product and expand its user base in Germany. The startup already has over 450,000 customers, and plans to reach one million by 2023.
Tencent is continuing its support of fintech startups and has led a EUR69 million Series C round for the digital insurance manager Clark. The funding will help the company expand internationally and expand its product offering. The company currently employs around 200 people in three offices, and plans to enter the Austrian market within the next two years. Besides its international expansion, Clark is also focusing on establishing a strong customer service reputation.
The company has a business model built around artificial intelligence. It has a strong distribution channel and a dedicated team to support customers. It has more than 200 employees at three locations, and is rapidly building a customer base. While it still has a long way to go, the company has a good foundation, and it’s confident of expanding globally.
Clark is an insurance robot from Germany that provides customers with a digitized way to check their insurance. They can view their insurance status in the app or website and analyze their entire tariffs. The robot searches for more than 160 insurance companies and analyzes them to offer their customers the most suitable insurance.
The funds will be used to increase user acquisition and product development. The mobile app will help users manage insurance contracts and will also help them to save money. Users can use the app to search for home insurance, car insurance, legal protection, and private health insurance. The app also has a comparison tool that can help users find the right insurance policy for their needs.
The company’s mission is to become a global leader in the trade finance market by offering a variety of solutions. Its solution suite includes financing, advisory, processing, and surveillance. The company was founded in 2015 and currently serves more than 300,000 customers in Germany. It plans to expand into Austria by 2020. Its management team is made up of Dr. Marco Adelt, Philip Steiner, and Christoph von Leitner. They have invested EUR69M in the company.
German-based digital marketing agency Clarkm has raised EUR69 million in Series C funding. The round was led by Boost VC of Munich and also included existing investors. The company offers a range of marketing solutions to small and medium-sized businesses. Founded by Matthias Kuhn and Marco Weber, Clarkm now serves clients across Europe.
The funding is expected to help Clark further expand its product offerings and boost its global client base. Currently, the company has more than 450,000 customers in Germany and aims to grow to a million clients by 2023. The money will be used to hire additional employees and develop new products.
The investment will be used to build up the company’s sales and marketing teams, as well as expand its presence in new markets. Clark was founded in 2013 by two entrepreneurs. Its products help companies manage their risk and distribute premiums more efficiently. With the new funding, it plans to grow its team and expand into other regions, such as Asia and the Middle East.
The company is currently available in Germany and Belgium, and plans to expand to other European countries in the coming months. With its innovative product offering, the company is attracting a growing number of customers. Its recent EUR69m Series C funding will be used to accelerate its growth and further its development.
Bain Capital Ventures
Bain Capital Ventures has invested in Frankfurt, Germany-based digital insurance startup Clark 69m. This funding will help the company expand its product portfolio and build a larger client base. The company currently has over 450,000 users and plans to have one million clients by 2023. In the meantime, it will use the money to hire more employees and expand its team.
The investment will allow the company to further expand its operations in Europe and the Middle East and expand its customer base. The company has been growing rapidly, and has a rapidly expanding product suite. The company has over 1,000 customers in 15 countries. With this investment, it plans to expand its sales and marketing team to serve a wider range of customers.
The investment will also help the company build its digital platform and make it easier for customers to manage contracts. This will help customers compare policies and find better deals. The company was founded in 2015 and has already served more than 300,000 customers in Germany and Austria. It plans to expand into other European markets in the future.
Insurtech startup Clark, based in Frankfurt, Germany, has secured EUR69 million in fresh funding from Tencent, one of the largest Internet companies in China. The investment will help Clark expand its product portfolio and build a larger customer base. The company currently has more than 450,000 clients in Germany and hopes to reach a million users by 2023.
The new funding will be used to expand operations internationally, develop new products and improve customer service. Clark is an insurance management platform which allows customers to see and manage their existing insurance and scan the market for better deals. The company was founded in 2015, and has already served more than 300,000 customers in Germany and Austria. It plans to expand its service to Austria within the next two years. The funding will also be used to build out a global customer acquisition strategy.
The new funding will allow Clark to expand its product portfolio and expand its sales team. The company’s current customers include more than 1,000 businesses across 15 countries. Clarkm has a unique product offering and a rapidly growing customer base. It recently secured EURM in Series C funding from leading venture capital firms.
White Star Capital
Clark, a German insurtech startup, recently secured EUR69 million in Series C funding led by China’s Tencent. The investment will allow the company to expand its product offerings and build a larger user base. The company currently serves more than 450,000 customers in Germany and plans to double that number by 2023. Its platform combines data intelligence with personal contact from insurance advisors.
The investment will be used to scale the company’s digital platform, which allows users to manage their insurance contracts. It also helps customers find better insurance rates through a detailed analysis of their insurance situation. Although the company has only been in business for three years, it has already gained more than 300,000 users in Germany and Austria. It also plans to expand into additional international markets in the future.
Clark is one of the leading digital insurance companies in the world, with EUR194 billion in gross written premium and over 50k primarily offline brokers. The company uses artificial intelligence at its core to improve its products and services and to expand globally. With the recent funding, Clark hopes to grow its customer base to one million by 2023.
Frankfurt-based Clark 69m has raised EUR69 million in a Series C funding round led by Chinese tech giant Tencent. What unites the two tech giants is their underlying concept of artificial intelligence, and they are both confident that they can scale their business globally. The company employs more than 200 people across three locations, and has plans to enter Austria within the next two years.
Clark is a German-based company that provides advanced protection services to businesses. The company’s EUR69 million Series C funding will be used for product development and client acquiring endeavors in Germany. With these funds, the company will be able to grow and compete in the protection industry.
Clark’s Series C funding comes from a group of investors, including Tencent, Portag3 Ventures, White Star Capital, Yabeo, and other investors. The money will help the startup expand its product portfolio and accelerate its international expansion. The company has a current client base of around 450,000 in Germany and aims to reach 1 million users by 2023. It has an artificial intelligence-based platform that helps consumers select the best insurance plan for their needs.
Founded in 2015, Clark is a digital insurance manager that helps people manage their insurance contracts through a single digital platform. It analyzes customers’ insurance situations and offers better rates or alternative policies. It has served over 300,000 customers in Germany and plans to expand to Austria in 2020. The company was founded by Dr. Marco Adelt and Philip Steiner and intends to invest the funding in product development and customer acquisition strategies.