German insurtech Wefox has raised an additional $110 million in funding from OMERS Ventures, Merian Chrysalis, Samsung Catalyst Fund, and Mundi Ventures.
The fast-growing startup raised a $125 million Series B in March which it has added to to expand into London.
"We want to dominate the $5 trillion insurance market on a global basis. A lot of companies disrupt specific niches but we are more holistic," said Wefox's CEO and cofounder Julian Teicke in an interview with Business Insider.
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