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New Deal


Announced

Completed

Zurich Insurance Group led a $30m Series C round in Qover.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital insurance

Life Insurance

Private Equity

Belgium

Acquisition

Venture Capital

Private

Single Bidder

Minority

Cross Border

Completed

Friendly

Synopsis

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Zurich Insurance Group, an insurance company that provides general insurance and life insurance products and services, led a $30m Series C round in Qover, a distributor of digital insurance products, with participation from Alven, Anthemis and Kreos Capital. “We are thrilled to announce the completion of our Series C funding round, which brings us one step closer to achieving our growth and profitability goals. Our commitment to transforming insurance experiences has been unwavering. Our ability to navigate and quickly adapt to the changing tech landscape has been instrumental in attracting top-tier clients and investors. We are incredibly proud of what our team has accomplished. With their resilience as our driving force, we’re excited about the opportunities that lie ahead as we continue to push boundaries and shape the future of insurance,” Quentin Colmant, Qover CEO & Co-founder.

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