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Getsafe raises $63m in new Series B funding

Germany based consumer insurance startup raised $63m in new Series B funding from Earlybird, Abacon Capital and insiders CommerzVentures and Swiss Re.

With the additional funding, Getsafe plans to finally get its own insurance license. It has been working on this process for a while as it doesn’t want to act as a broker going forward. Getsafe’s fully licensed insurer should go live soon, at some point in 2021.

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germany, insurtech