Target Global leads series-A for Omni:us

The value of the funding round is undisclosed but brings the total raised to $22.5m, according to a statement.

London-based VC firms MMC Ventures and Talis Capital also took part in the round alongside existing investors Unbound and Anthemis.

The company will use the fresh capital to open an office in the US before the end of the year.

Previous funding
Crane Venture Partners and Berlin-based Investitionsbank led a €4.2m seed round for Omni:us in November 2016.

Company
Omni:us is a Berlin-based software company using artificial intelligence technology to automate and digitalise processes for insurance companies. It is headquartered in Berlin and employs 40 people.

People
Target Global – Mike Lobanov (general partner).
MMC Ventures – Dan Bailey (investment manager).
Talis Capital – Matthew De Jesus (partner).
Omni:us – Sofie Quidenus-Wahlforss (CEO); Eric Pfarl (chief product officer); Stephan Dorfmeister (CFO); Martin Micko (chief operations officer); Harald Gölles (chief technology officer).

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• Topics
• Expansion
• DACH
• Technology
• Germany
• Venture
• MMC Ventures
• Talis Capital