Neodigital: Financing round and joint venture with HDI Insurance
Düsseldorf — ARQIS advised Neodigital Versicherung AG (“Neodigital”) on the expansion of its Series D financing round to include HDI Versicherung AG (“HDI”) as a new investor and partner in a newly formed joint venture.
Neodigital enters into a joint venture with HDI for the development of a common claims platform. In addition to establishing the joint venture, Neodigital was also able to attract HDI as an additional investor. Neodigital and HDI are thus pooling their expertise: Neodigital’s fully digital, agile and highly automated process processing complemented by the experience of one of Germany’s largest insurance companies. On the one hand, the joint claims platform represents an important step in HDI’s digital transformation process; on the other hand, the cooperation with one of the most important market leaders is another major milestone for Neodigital in its still young company history.
The ARQIS team around Dr. Jörn-Christian Schulze already supported the first closing of the Series D financing round at Neodigital in January this year and has been advising the founding investors since their entry.
Advisors to Neodigital Versicherung AG: ARQIS (Düsseldorf)
Dr. Jörn-Christian Schulze, Foto (v. Arqis) (Lead, Corporate/Venture Capital), Marcus Nothhelfer (IP); Counsel: Jens Knipping (Tax); Managing Associates: Benjamin Bandur, Kamil Flak, Dr. Nima Hanifi-Atashgah (all: Corporate/Venture Capital), Nora Meyer-Stratmann (IP); Associates: Severin Steffens (Internal Management/Project Management), Dr. Maximilian Backhaus, Christos Choudeloudis, (all: Corporate/Venture Capital), Jasmin Stuckenbrock (Tax), Rolf Tichy (IP), Conrad Wiza (Corporate/Venture Capital), Dr. Martina Berenbrinker (Labor Law); Legal Specialists: Hannah Potter (Corporate/Venture Capital)
ARQIS is an independent business law firm operating internationally. The firm was founded in 2006 in Düsseldorf, Munich and Tokyo. Around 80 lawyers and legal specialists advise domestic and foreign companies at the highest level on German and Japanese business law. With the focus groups Transactions, HR.Law, Japan, Data.Law and Risk, the firm is geared towards providing holistic advice to its clients. www.arqis.com.