F
Friendsurance
Fintech · Berlin, Germany · Founded 2010
First company that mixes insurance products with peer-2-peer elements to lower insurance premiums up to 60 percent MoreLess
Friendsurance, founded in 2010 by Tim Kunde, Janis Meyer-Plath, and Sebastian Herfurth, is a pioneering German insurtech company that introduced the concept of peer-to-peer insurance.
The company operates a digital bancassurance platform. Its core offering is a claims-free bonus system, which rewards users for not filing claims. This model connects users in small groups, and if no claims are made by the group, a portion of their premiums is returned as a cashback bonus.
Friendsurance provides a digital platform for insurance brokers and banks, enabling them to manage their clients' insurance portfolios more efficiently. The business model focuses on providing these partners with the technology to enhance their customer relationships and streamline their operations. The company makes money through commissions from the insurance policies sold and by licensing its platform to business partners.
Tim Kunde, one of the co-founders, has a background that led him to identify the inefficiencies in the traditional insurance market, which sparked the idea for a more customer-centric, digital-first approach.
Keywords: insurtech, bancassurance, peer-to-peer insurance, digital insurance, claims-free bonus, insurance platform, fintech, policy management, customer rewards, digital broker
Company overview
Friendsurance company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2010
- Headquarters
- Berlin, Germany
- Employees
- 52
- Open positions
- 4
- Dealroom signal
- 74.4
Valuation & funding
Friendsurance funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jul 2026 | $0 | — | Cover Genius | ↗ |
| LATE VC✓Equity / VC | Jul 2025 | $0 | — | Round2 Capital Partners | ↗ |
| SERIES B✓Equity / VC | Mar 2016 | $15M | $60M | Undisclosed | ↗ |
| SECONDARY✓Other financing | Jun 2014 | — | — | Undisclosed | — |
| EARLY VC✓Equity / VC | Apr 2014 | $0 | — | Undisclosed | — |
| EARLY VC✓Equity / VC | Jan 2012 | Undisclosed | — | ||
| EARLY VC✓Equity / VC | Jan 2011 | Undisclosed | — | ||
| Other✓Other financing | Jul 2010 | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $354K | 0% | 52 |
| 2025 | $354K | 0% | 51 |
| 2024 | $354K | 0% | 70 |
| 2023 | $354K | +1.2% | 78 |
| 2022 | $350K | -0% | 72 |
| 2021 | $350K | -3.6% | 74 |
| 2020 | $363K | — | 78 |
Growth signals
Friendsurance website traffic
Latest recorded traffic for Friendsurance is 8.3K monthly website visits, down 72.3% over the last three months. Friendsurance's team grew 2% over the past year.
Hiring
Open positions at Friendsurance
Current openings linked to this company in Dealroom.
Comparisons
Friendsurance compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 AxiemeInsurtech startup based in Italy |
Cagliari, Italy | Operational | 12 | $2.4M | $2.2M |
 Yolo Tech InsuranceSimple and affordable on-demand insurance. When you want, for as long as you want |
Milan, Italy | Operational | |||
 Otherwise InsuranceCollaborative peer-to-peer insurance reducing costs for communities |
Paris, France | Operational | |||
 INZMOFinancial services for the rental market |
Berlin, Germany | Operational | |||
 SimplesuranceCross-selling of product insurances directly at the point of sale in e-commerce |
Berlin, Germany | Acquired | |||
 AKKODelivering The Best Device Insurance Experience |
San Francisco, United States | Operational | |||
 CalingoDigital insurance platform that offers personalised and optimised risk protection at the point of sale |
Zurich, Switzerland | Operational | |||
 DowsureGlobal fintech platform for e-commerce |
China | Operational |
Talent graph
Friendsurance's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Friendsurance has talent and traffic
team presence
In the news
Latest news about Friendsurance
Recent press, funding announcements, and product moves mentioning Friendsurance — open to read from the original sources.
Market sentiment
What the market is saying about Friendsurance
An AI-synthesized read of the highest-engagement posts about Friendsurance on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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