Announced
Completed
Financials
Sources
Tags
Germany
insurtech
Acquisition
Insurance Brokers
Single Bidder
Friendly
Private
Minority
Cross Border
Completed
Venture Capital
Private Equity
Synopsis
Tencent, a Chinese technology company, led a €69m ($84m) Series C funding round in Clark, a Frankfurt-based insurtech startup. The round was joined by Portag3 Ventures, White Star Capital and Yabeo. "We are thrilled to be able to grow even faster with Tencent's help in achieving our goal of becoming the largest consumer insurance broker in Europe," Christopher Oster, CLARK CEO and Co-Founder.
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