Korint Insurtech, an emerging digital insurance company, sequred €5 mn in a funding round led by venture capital firm Ventech, with continued backing from 360 Capital.
The funds will drive the enhancement of Korint’s SaaS platform and expand its tech team, supporting the ongoing digital transformation of the insurance industry.
In just 18 months since its launch, Korint’s platform has drawn attention from major industry players like Wakam and Willis Towers Watson (WTW). The platform simplifies the management of complex insurance products, offering streamlined solutions for largest re/insurance brokers and insurers.
With the new funding, Korint plans to focus on innovation, enabling more brokers and insurers to navigate the complexities of the insurance market more efficiently.
We appreciate the trust from our investors – Ventech, 360 Capital, and angel investors. This is just the start of our journey, and we look forward to the future.
Jean-Baptiste Limare, CEO and founder of Veygo and Kooalys
Jean Bourceraeu, President and Managing Partner of Ventech, expressed confidence in Korint’s leadership, stating that Ventech invests in entrepreneurs who leverage technology to transform industries. He emphasized that supporting Jean-Baptiste, Martin, and their teams was a natural fit for their investment approach.
Thomas Nivard, Partner at 360 Capital, echoed this sentiment, noting that Korint has lived up to the potential identified in its initial funding round.
He added that the demand for digitalization in the insurance sector is clear, and this new investment will help Korint become a key industry reference.
This funding marks another step in Korint’s rapid growth as it continues to expand in the digital insurance space.
by Peter Sonner
