Our $116m investment in French insurtech Leocare

Today we’re excited to announce that our Europe team has led the $116m Series B round for French insurtech scale-up Leocare. This latest round brings the total amount the company has raised to $133 million. Felix Capital, Ventech and Daphni also participated in the round.

Leocare is a leading French neo-insurer that specialises in automotive, home and smartphone insurance.

Leocare has grown by 500% in 2021 and this latest round will offer new opportunities to the company, allowing it to offer its ‘all-in-one’ single contract to the whole family as well as allowing it to move into new European markets – starting with Spain.

Read more about why we invested and what we like about the company in a blog written by our European Partner – Lucile Cornet: https://www.linkedin.com/pulse/recipe-disrupt-280bn-market-app-lucile-cornet/?trackingId=Ifx5uarMSIiDNQ%2BREdSTow%3D%3D