Horizon et al. invest $28m in FinanceFox
Horizon Ventures and Target Global have backed a $28m funding round for insurance app FinanceFox.
The funding will be used for further expansion in Europe and an expansion of the company's marketing efforts.
FinanceFox's last funding round was completed in January, when Salesforce Ventures, AngelList, Idinvest, Seedcamp and Speedinvest provided $5.5m.
Company
FinanceFox was founded in 2014 and is based in Zurich, with offices in Berlin and Barcelona. The company develops an app that allows insurers and their customers to manage insurance and finance products.
The company has 70 employees.
People
Target Global – Yaron Valler (general partner).
FinanceFox – Julian Teicke (founder, CEO).
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