{"id":42216,"date":"2018-04-26T19:54:28","date_gmt":"2018-04-26T17:54:28","guid":{"rendered":"https:\/\/newserver.fyb.de\/series-b-insurtech-start-up-clark-raises-usd-29-million\/"},"modified":"2018-04-26T19:54:28","modified_gmt":"2018-04-26T17:54:28","slug":"series-b-insurtech-start-up-clark-raises-usd-29-million","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/series-b-insurtech-start-up-clark-raises-usd-29-million\/","title":{"rendered":"Series\u2011B: Insurtech start-up Clark raises USD 29-million"},"content":{"rendered":"<p>Berlin \u2014 As part of a second round of finan\u00adcing, the start-up <strong>Clark<\/strong> (www.clark.de) USD 29 million. Two new share\u00adhol\u00adders, the Cana\u00addian early stage inves\u00adtor<strong> Portag3 Ventures<\/strong> and the <strong>VC fund White Star Capi\u00adtal<\/strong>, joined as lead inves\u00adtors. In addi\u00adtion, exis\u00adting inves\u00adtors such as <strong>Copa\u00adrion, Kulc\u00adzyk Invest\u00adments <\/strong>and<strong> Yabeo Capi\u00adtal<\/strong> as well as fintech company buil\u00adder <strong>FinLeap<\/strong> also parti\u00adci\u00adpa\u00adted in the finan\u00adcing&nbsp;round.<\/p>\n<p>As a digi\u00adtal insu\u00adrance mana\u00adger, Clark offers custo\u00admers the hand\u00adling of the entire insu\u00adrance busi\u00adness via an app and covers the offe\u00adrings of 160 insu\u00adr\u00aders for this purpose. Clark, which was foun\u00added three years ago, wants to support custo\u00admers in mana\u00adging insu\u00adrance contracts, iden\u00adti\u00adfy\u00ading insu\u00adrance gaps and closing them with corre\u00adspon\u00addin\u00adgly favorable offers from coope\u00adra\u00adting insu\u00adrance compa\u00adnies. In addi\u00adtion, the user can store his insu\u00adrance data and manage and execute corre\u00adspon\u00adding noti\u00adfi\u00adca\u00adti\u00adons via the app in the event of a claim. \u2014 Clark curr\u00adently employs almost 20 people, the majo\u00adrity of whom work in soft\u00adware development.<\/p>\n<p><strong>Dr. Chris\u00adto\u00adpher Oster, CEO (photo) <\/strong> has outstan\u00adding expe\u00adri\u00adence in foun\u00adding and leading high-growth compa\u00adnies. Prior to foun\u00adding Clark, he accom\u00adpa\u00adnied Wimdu as Co-Foun\u00adder in the role of COO and was respon\u00adsi\u00adble for the opera\u00adti\u00adons and inter\u00adna\u00adtio\u00adnal expan\u00adsion of the offe\u00adring. Previously, Chris\u00adto\u00adpher spent seve\u00adral years with the Boston Consul\u00adting Group as a consul\u00adtant to compa\u00adnies in the finan\u00adcial services industry.<\/p>\n<p>Compa\u00adnies like Clark, which not only have a scalable busi\u00adness, but are also open to coope\u00adra\u00adtion in many direc\u00adtions, seem to be inte\u00adres\u00adt\u00ading. In prin\u00adci\u00adple, every insu\u00adrance company that has a func\u00adtio\u00adning online busi\u00adness can bene\u00adfit from the insur\u00adtech\u2019s success.<\/p>\n<p><strong>Advi\u00adsors: LUTZ | ABEL<\/strong> has alre\u00adady supported Clark in its Series A finan\u00adcing round in 2016, in which the start-up was also able to raise a remar\u00adkable sum of EUR 13.2 million. Consul\u00adtant&nbsp;Clark:<br>\nDr. Marco Eick\u00admann, LL.M. (Part\u00adner), Phil\u00adipp Hoene (Asso\u00adciate), Jan-Phil\u00adlip Kunz, LL.M. (Asso\u00adciate)<\/p>\n<p><strong>About LUTZ |&nbsp;ABEL<\/strong><br>\nWith around 60 lawy\u00aders and offices in Munich, Hamburg, Stutt\u00adgart and Brussels, the commer\u00adcial law firm LUTZ | ABEL provi\u00addes advice on all aspects of commer\u00adcial law. www.lutzabel.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berlin \u2014 As part of a second round of finan\u00adcing, the start-up Clark (www.clark.de) USD 29 million. Two new share\u00adhol\u00adders, the Cana\u00addian early stage inves\u00adtor Portag3 Ventures and the VC fund White Star Capi\u00adtal, joined as lead inves\u00adtors. In addi\u00adtion, exis\u00adting inves\u00adtors such as Copa\u00adrion, Kulc\u00adzyk Invest\u00adments and Yabeo Capi\u00adtal as well as fintech company&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-venture-capital-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Series-B: Insurtech start-up Clark raises USD 29-million - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/series-b-insurtech-start-up-clark-raises-usd-29-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Series-B: Insurtech start-up Clark raises USD 29-million - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Berlin \u2014 As part of a second round of finan\u00adcing, the start-up Clark (www.clark.de) USD 29 million. 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