# INZMO: Insurance, Berlin, Germany

> INZMO: INZMO is a Berlin-based insurtech startup that has transformed the insurance industry in Europe with its fully digital and mobile-first distribution...

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

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

# INZMO

INZMO is a Berlin-based insurtech startup that has transformed the insurance industry in Europe with its fully digital and mobile-first distribution model.

Funding reported Last round: Seed

Insurance Berlin, Germany

Company summary

- **Founded:** 2016 10 years old
- **Team:** 14 11 to 50 people
- **Funding reported:** 7.9M as listed, currency not stated
- **Last round:** Seed Jan 2021

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 INZMO 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 INZMO

INZMO is a Berlin-based insurtech startup that has transformed the insurance industry in Europe with its fully digital and mobile-first distribution model.

Founded in 2015, the company offers a range of digital insurance solutions, including personal item insurance for mobile phones, laptops, bicycles, and e-scooters. INZMO is recognized as a leader in zero-deposit rental guarantees, providing financial flexibility for tenants and landlords alike. With a strong focus on younger demographics, INZMO serves over 150,000 customers across the European Union. The company emphasizes instant coverage and fast claims processing through its user-friendly smartphone app. Acquired by Helvetia Group in 2020, INZMO continues to operate independently, expanding its product offerings and leveraging AI innovations to enhance customer experiences. Recognized as one of Europe’s fastest-growing insurtech startups, INZMO is committed to driving the future of insurance with its digital-first approach.

## What company datasets say INZMO raised

Funding, as reported

Reported in all **7.9M** in the source's currency

Rounds **5**

Last round **Seed**

Last round date **Jan 2021**

Investors listed **4**

## On 3 portfolio pages

Investors who name them

- [Specialist VC](https://millionrounds.com/fund/specialist-vc)
- [SHAPE Capital Partners](https://millionrounds.com/fund/shape-capital-partners)
- [United Angels](https://millionrounds.com/fund/united-angels)

Each firm lists INZMO 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

insuranceplatform insurtech information technology & services insurance financial services userexperience branding property & casualty insurance companies fintech b2b2c instantinsurance neoinsurance insurance companies underwriting finance technology

Built with from their website

Google Tag Manager HREF Lang Atlassian PWA Google Workspace Viewport Meta Google Play Atlassian Cloud New Relic Insights webpack

+8 more

Amazon S3 New Relic Google Meet Twilio SendGrid Email Marketing Campaigns Priority Hints React Microsoft Exchange gandi.net

- **Sector:** Insurance
- **Industry code:** NAICS 524126, SIC 6331
- **Region:** Berlin
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/inzmo)

## Insurance in Germany

Startups like it

- [**CLARK** Frankfurt · founded 2015 *Raised*](https://millionrounds.com/company/clark)
- [**ottonova** Muenchen · founded 2015 *Raised*](https://millionrounds.com/company/ottonova)
- [**muffintech** Berlin · founded 2021 *Raised*](https://millionrounds.com/company/muffintech)
- [**ELEMENT Insurance AG** Berlin · founded 2017](https://millionrounds.com/startup/element-insurance-ag)
- [**CLARK Deutschland** Frankfurt · founded 2015](https://millionrounds.com/startup/clark-deutschland)
- [**Getsafe** Heidelberg · founded 2015](https://millionrounds.com/startup/getsafe-3)
- [**Thinksurance** Frankfurt · founded 2015](https://millionrounds.com/startup/thinksurance)
- [**Luko (ex-Coya)** Berlin · founded 2016](https://millionrounds.com/startup/luko-ex-coya)

## Is this your company?

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