wefox Raises €400M Series C at €4.5B Valuation

wefox Raises €400M Series C at €4.5B Valuation

Portfolio3/24/2026
Sophie Laurent
By Sophie Laurent
Our portfolio company wefox has closed a €400M Series C round, reaching a valuation of €4.5 billion. The round was led by a consortium of global investors, with Venture participating as an existing shareholder. wefox has grown to serve over 2 million customers across 7 European markets, proving that technology-driven insurance can deliver both superior customer experience and operational efficiency.