French insurtech startup Flitter raises a €3,5 million Seed round to expand usage-based car insurance

Flitter is building an alternative to traditional car insurance by offering a wholly digital insurance product that utilizes usage-based pricing and provides one of the highest levels of coverage in the market with a great user experience and superior digital-first customer support. Here are details of Flitter‘s latest funding round :

🚀 Launch

2022

🏭 Industry

Financial services

🧠Management

Jérémy Steinberg (Co-founder & CEO)

💸 Funding & Investors

INVESTMENT (Novembre 2023)€3.5 million (Seed)
INVESTORS (Novembre 2023)led by Swiss insurer Helvetia through its Helvetia Venture Fund, including backing from prominent figures in the tech and insurance space, including Stéphane Treppoz, ex-CEO of Sarenza, Christophe Eberlé, founder of the consulting firm Optimind, Frenchfounders fund, Laurent Ritter, co-founder of Voodoo, and Adrien Montfort, co-founder of Sorare.

🎯 Funding purpose

Double its team size to 40 and bolster its tech, operations and customer service teams. The company also plans to achieve profitability by 2024.

🌐 Country HQ

France (Paris)

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