04 WEFOX

Latest Funding: US $ 176m( July 2025 CEO: Joachim Müller Founded: 2017

Once valued at € 4.5 billion( US $ 5.26bn), Berlin-based Wefox faced reality in 2025 when founder Julian Teicke stepped down as CEO. Under new leadership, Wefox has shifted focus from rapid expansion to sustainable profitability. The company streamlined operations, reduced costs and concentrated on markets where it generates positive returns. It recently announced it had secured € 151m( US $ 176m) in new funding, placing it on a clear path to achieving profitability in 2025.

Joachim Müller, CEO, Wefox insurtechdigital. com 31