16-03-2017 19:48 via insuranceinsider.com

Simplesurance raises funding to EUR30mn

InsurTech start-up Simplesurance has secured additional backing
from Allianz and others to bring its total funding to EUR30mn
($32mn), it announced today.
Japanese e-commerce company Rakuten has made its first
investment in the Berlin-based firm through its $100mn fintech
fund.
Existing investors Allianz, Rheingau Founders and Route 66 have
increased their stakes in the firm, which develops and distributes
cross-selling software.
"The additional funding will support the Simplesurance
group in st
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