German 'insurtech' Wefox raises $650 million at valuation of $3 billion

3 years ago
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https://www.reuters.com/article/us-tech-wefox/german-insurtech-wefox-raises-650-million-at-valuation-of-3-billion-idUSKCN2DD2BT

Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called "insurtech" company that valued the business at $3 billion.