F
FRIDAY
First digital insurer in Germany to offer its own car fares
About FRIDAY
FRIDAY is a digital insurance startup based in Germany, offering a range of flexible insurance products with a focus on simplicity and customer convenience. The company operates in the insurance market, serving customers who prefer online, paperless transactions and are looking for flexible, fair-priced insurance options.
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FRIDAY's business model is centered around digital processes, from policy purchase to claims reporting. It offers a unique pay-per-kilometer tariff, allowing customers to pay for their car insurance based on the actual distance they drive. This model is particularly attractive to low-mileage drivers who can potentially save on their insurance costs.
The company also offers a traditional insurance plan, FRIDAY Original, and a premium protection plan with additional benefits, known as Zen Mode. FRIDAY's insurance products cover various areas including private, professional, and traffic-related risks.
FRIDAY's digital platform allows customers to manage their policies online, make changes to personal information, and add additional services with a single click. The company prides itself on its customer service, with its digital claims process receiving a 4.5 out of 5-star rating from customers.
FRIDAY generates revenue through the premiums paid by its customers for their insurance policies. The company has been recognized for its value for money, with Auto Zeitung magazine naming FRIDAY's car insurance as the price-performance winner in the "Economical" category.
Latest news
Press, funding announcements and product moves mentioning FRIDAY.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Oct 2024 | $0 | — | Allianz | ↗ |
| SERIES AOther financing | Mar 2019 | $83M | $330M | Baloise Group | — |
Growth signals
Latest recorded traffic for FRIDAY is 440 monthly website visits, down 97.8% over the last three months. FRIDAY's team declined 64% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Baloise Group
Other known investors3 additional known investors
Allianz
Commerce and Ventures(SevenVentures)
German Media Pool VC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about FRIDAY on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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