Düsseldorf — ARQIS managed the Series B financing round of Neodigital Versicherung AG on behalf of the company and the existing investors. The existing investors are SchneiderGolling & Cie. Beteiligungsgesellschaft mbH, coparion GmbH & Co. KG, Deutsche Rückversicherung and ALSTIN Capital, the independent venture capital fund of Carsten Maschmeyer and his partners. They all expanded their investment.
With Elevat3, Neodigital Versicherung was able to win another well-known capital provider as lead investor for the financing round. The new growth fund of Christian Angermayer, Thomas Hanke and Dr. Marlon Braumann invests tens of millions in the digital insurance company as part of a capital increase. The Series B round was supported by IEG — Investment Banking Group.
As the first fully digitalized insurance company with a BaFin license in Germany, Neodigital offers insurance solutions such as personal liability, household, bicycle, cell phone and pet owner liability insurance. To date, Neodigital has won 175,000 customers with its fully automated business concept and is currently growing at a rate of approximately 16,000 new customers per month.
The ARQIS team around Dr. Jörn-Christian Schulze already supported SchneiderGolling and as well as coparion during their entry into Neodigital Versicherung as well as during the financing round at the beginning of this year, when Deutsche Rückversicherung and ALSTIN joined as new investors.
Advisor Neodigital Insurance/Old Investors ARQIS Rechtsanwälte (Düsseldorf)
Dr. Jörn-Christian Schulze (Lead Partner); Associates: Dr. Nima Hanifi-Atashgah, Kamil Flak (all Corporate/Venture Capital)
EY Law (Frankfurt): Dr. Ansgar Becker (Lead); Associates: Robert Jung, Yun Shi, Pia Wenz (all Regulatory)
About ARQIS
ARQIS Attorneys at Law is an independent business law firm operating in Germany and Japan. The firm was founded in 2006 in Düsseldorf, Munich and Tokyo. Around 55 professionals advise domestic and foreign companies at the highest level on German and Japanese business law. For more information, visit www.arqis.com.