German insurtech startup Getsafe adds $63 million to its Series B
Getsafe has extended its Series B round that it previously announced in December 2020. In addition to its original Series B round of $30 million, the company is adding another $63 million in fresh capital. Overall, Getsafe has raised a $93 million Series B round.
Investors in today’s funding round include unnamed family offices as well as Earlybird and Abacon Capital. Some of the company’s existing investors, such as CommerzVentures and Swiss Re, are also investing in the company once again.
The German company originally started with a digital-first home contents insurance product. It sells its products directly to end customers through its website and app. Over time, Getsafe expanded to new products, such as personal liability, dog liability, drone liability, bike theft protection and car insurance.