F
Friendsurance
First company that mixes insurance products with peer-2-peer elements to lower insurance premiums up to 60 percent
About Friendsurance
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2010
- Headquarters
- Berlin, Germany
- Employees
- 52
- Open positions
- 4
- Dealroom signal
- 74.4/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Peer-to-Peer, Product Insurance, Insurtech Distribution and Brokerage, PandC Insurance
- Business model
- Marketplace & ecommerce, SaaS
- Client focus
- b2b, b2c
Knowledge graph
More headlines
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 | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Round2 Capital Partners
Other known investors6 additional known investors
Cover Genius
Headline
Horizons Ventures
Isomer Capital
SB21 - Saarbruecker21
TechQuartier
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Friendsurance 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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