Wopta Assicurazioni, an Italian phygital insurtech MGA, closed a €5 mn funding round, bringing total capital raised since 2022 to more than €20 mn and valuing the Italian insurtech at over €100 mn.
The transaction was completed with support from Make Your Credit, an Italian fintech specialising in credit advances and structured finance. The round was not fully equity-based.
Earlier capital came from more than 70 Italian families and business angels through five investor club deals. Backers included Holding B3 of Calzedonia Group, Guido Fucina, Giorgio Gori, Carlo Fagioli, Alcide Leali of Lefay Resort, Guidotti of Azimut, the Macchi family, the Cammi family, Ettore Riello, Davide Parenti, Massimo Ambrosini, and Cristina Parodi.
In February, Wopta secured €12 mn in funding through a club deal led by Belluzzo International Partners. The company also launched a €50 mn Series B round to support growth and expansion.
The “W&F” club deal, organized by Luigi Belluzzo, brought in investments from several Italian families, including Alcide Leali, Bernardo Finco, Andrea Pernigo, Enrico Guidotti, and the Antonelli and Gianazza families.
This follows a successful Series A round that included Holding B3 (Calzedonia Group), the Macchi family, and the Cammi family.
Wopta plans to use Series B funding for acquisitions in Italy and abroad to strengthen its position in the local market and expand in Europe.
Since its launch, the company has grown quickly, building a strong customer base and forming partnerships with organizations such as CNA, BeProf – Confprofessioni, HYPE, Banca Sella, and Switcho.
The platform now has more than 4,000 distribution partners and over 220,000 insured customers. That scale supports Wopta’s model: a single platform combining insurance products, digital tools, AI-supported service, and human advice through local partners.
Wopta has reached positive EBITDA 12 months ahead of schedule. The company reported €5 mn in revenue and more than €20 mn in brokered premiums.
The company uses Anna, an AI agent designed to support customers and Wopta’s network of wopters, its insurance advisers and partners. The approach stays phygital, with technology handling speed and process, while people keep the advisory relationship close to clients. Old-school trust, new pipes.
External growth is now adding momentum. Wopta wants to combine scale with customer proximity through regional hubs and tighter links between technology, distribution, and underwriting.
The company made its first two acquisitions: Zanni Broker and GM Insurance Broker. Zanni Broker, based in Capriolo in Brescia province, brings a rooted Lombardy portfolio serving SMEs and retail clients.
GM Insurance Broker, based in Bergamo, focuses on corporate and professional clients and brings expertise in corporate risk management.
The deals expand Wopta’s distribution capacity, strengthen services for SMEs, professionals, and the motor segment, and aim to improve margins through cross-selling across its phygital model.
According to Beinsure, Wopta is following a familiar insurtech scale pattern in Europe: raise capital, prove unit economics, then buy regional brokers to add trusted distribution.
The difference is its focus on families, SMEs, and professionals that often sit outside large-market insurance structures.
Founder and CEO Vincenzo Macaione said Wopta has shown its model works and now wants to move closer to businesses and local communities that struggle to access suitable insurance cover. “We have demonstrated that our model works. Now we want to bring it even closer to businesses and local communities that often struggle to access adequate insurance cover”.
The first two acquisitions are not merely financial transactions: they represent Wopta’s way of putting down roots in the real economy, helping to support it and bridge the protection gap
Vincenzo Macaione, founder and CEO of Wopta Assicurazioni
He said the first two acquisitions are not only financial deals, but a way for Wopta to put roots into the real economy, support productive businesses, and help narrow the protection gap. Macaione said growth means standing beside Italy’s productive system with technology, adviser support, and partner trust.
“For us, growth means standing shoulder to shoulder with the country and its productive system. We do this with the best technology, the advice of our Wopter team and the trust of our partners and stakeholders, to offer a service that protects the work of those who produce and create value every day,” commented Vincenzo Macaione.
