Elevat3 Capital leads funding round for Neodigital

Existing investors Coparion, Alstin, the SchneiderGolling Group and Deutsche Rückversicherung also participated in the funding round.

Elevat3 is the venture capital fund of business angel Christian Angermayer and is also backed by entrepreneur Peter Thiel.

Previous funding
In January 2020, Alstin and Deutsche Rückversicherung led a funding round for Neodigital, investing alongside Coparion and the SchneiderGolling Group. Alstin deployed equity via Alstin II.

Company
Founded in 2016 and headquartered in Düsseldorf, Neodigital is a fully digital platform that allows users to obtain home, pet, casualty and bike insurance policies. The company also offers white label insurance products in partnership with other providers. Neodigital has more than 150,000 customers, according to its website.

People
Neodigital – Stephen Voss, Dirk Wittling (founders).
Elevat3 Capital – Thomas Hanke (partner).
Alstin – Carsten Maschmeyer (managing partner).

Advisers
Company – IEG (corporate finance).

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