TA Ventures backs Clark’s €13.2m series-A
German insurance technology startup Clark has raised a €13.2m series-A from TA Ventures, Finleap and other backers.
Yabeo Capital, Kulczyk Investments, HitFox, Tenderloin Ventures and German Media Pool also participated in the round. SevenVentures and Axel Springer were also involved in the investment.
The capital will be used to develop the company's technology platform and to grow the team.
Company
Founded in June 2015 and based in Berlin, Clark advises customers on insurance policies using algorithms. They can also assess their insurance status through an app. The business claims it compares tariffs of 160 insurance companies.
People
Clark – Christopher Oster (founder, CEO).
FinLeap – Ramin Niroumand (co-founder, managing director).
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