# Hedvig: Insurance, Stockholm, Sweden

> Hedvig: Hedvig is a digital insurance company based in Stockholm, Sweden, offering user-friendly insurance solutions for homeowners, renters, and students...

Source: https://millionrounds.com/startup/hedvig-3 (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Insurance startup](https://millionrounds.com/companies)

# Hedvig

Hedvig is a digital insurance company based in Stockholm, Sweden, offering user-friendly insurance solutions for homeowners, renters, and students through its mobile app.

Funding reported Last round: Series B

Insurance Stockholm, Sweden

Company summary

- **Founded:** 2017 9 years old
- **Team:** 130 51 to 200 people
- **Funding reported:** 98.9M as listed, currency not stated
- **Last round:** Series B Mar 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Hedvig has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Hedvig

Hedvig is a digital insurance company based in Stockholm, Sweden, offering user-friendly insurance solutions for homeowners, renters, and students through its mobile app.

Founded between 2016 and 2018, Hedvig operates as a full-stack EU-licensed insurance carrier across Scandinavia, including Sweden, Norway, and Denmark. The company is supervised by the Swedish Financial Supervisory Authority and is committed to a people-first business model that prioritizes customer satisfaction and transparency. Hedvig provides a range of personal lines insurance products, including home, pet, accident, car, student, and travel insurance. Customers can easily manage their policies and file claims instantly through the app, with an average claims processing time of just 8 minutes. The company serves over 200,000 customers and maintains a high customer satisfaction rating of 4.8/5 on Trustpilot. Hedvig's unique pricing model allocates 75% of premiums to cover claims, ensuring that their financial success is aligned with customer protection. Any surplus funds at the end of the year are donated to WeShelter, supporting efforts to combat homelessness in Denmark.

## What company datasets say Hedvig raised

Funding, as reported

Reported in all **98.9M** in the source's currency

Rounds **6**

Last round **Series B**

Last round date **Mar 2023**

Investors listed **17**

## On a portfolio page

Investors who name them

- [Nordic Secondary Fund](https://millionrounds.com/fund/nordic-secondary-fund)

Each firm lists Hedvig on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

growth charitable surplus flexible car insurance european insurtech growth customer satisfaction app-based platform automated claims consumers customer engagement homeowner protection claims automation insurance app innovation theft coverage damage coverage claims process insurtech

Built with from their website

Amazon SES Google Tag Manager HREF Lang AWS Trusted Advisor PWA CallMiner Eureka Google Cloud Linkedin Insight Tag YouTube Google Workspace

+8 more

Gem Viewport Meta LinkedIn Ads lite-youtube-embed Amazon Simple Email Service SWIFT SentenceTransformers webpack

- **Sector:** Insurance
- **Industry code:** NAICS 524126, SIC 6361, 6331
- **Region:** Stockholm County
- **Revenue:** 17M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/hedvig-22f503c2b0)

## Insurance in Sweden

Startups like it

- [**Paydrive - En del av Dina Försäkringar** Stockholm · founded 2013](https://millionrounds.com/startup/paydrive-en-del-av-dina-f-rs-kringar)
- [**Lassie** Stockholm · founded 2020](https://millionrounds.com/startup/lassie-3)
- [**Insurello** Stockholm · founded 2016](https://millionrounds.com/startup/insurello)
- [**Ebie** Stockholm · founded 2020](https://millionrounds.com/startup/ebie)
- [**pensiono.se** Vaesteras · founded 2011](https://millionrounds.com/startup/pensiono-se)
- [**Omocom** Stockholm · founded 2017](https://millionrounds.com/startup/omocom)
- [**pensionera.se** Stockholm · founded 2014](https://millionrounds.com/startup/pensionera-se)
- [**Claims Carbon** Stockholm · founded 2021](https://millionrounds.com/startup/claims-carbon)

## Is this your company?

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