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Embea
Life insurance company
- 1-20 employees
- Healthcare
- B2C
- B2B
- Insurance
- Financial Services
- Charlottenburg, Berlin, Germany
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Company mission
To make insurance protection accessible to everyone.
Our take
Traditional insurance is becoming outdated and out of touch with people's needs. As the world turns digital, people are becoming less interested in dealing with the complicated terms and paperwork that are involved with traditional insurance policies, and as society becomes more diverse, insurance brokers are struggling to keep up. Embedded insurance is becoming more accessible for the majority, as it offers a more convenient and flexible process when it comes to obtaining insurance coverage.
This is where Embea comes in, an embedded life insurance company that is offering coverage exclusively through digital interfaces. Embea allows companies of all sizes to embed its insurance products into their apps and services, making insurance coverage easier and more accessible to the majority of people.
The company may still be young, having been founded in 2022, but already it is disrupting the embedded insurance industry. Embea envisions a world in which insurance is fair and affordable through its services, and the company is going big, with plans to allow every European the ability to buy financial protection through the apps they love and trust, that are powered by Embea.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Work from anywhere for a whole month once per year
- Free choice of hardware
- 30 annual vacation days
- 1000€ annual education allowance
- Employee stock option plan
- Flexible working hours
Company values
- Priorities: We encourage you to say no to things that are not important. We make tough decisions to keep a sharp focus on our goals.
- Autonomy: We promote trial and error and courageous decisions. You will work on objectives, not tasks, and have a say in the tools and methods used.
- Transparency: We openly share strategic information like investor feedback with the whole team. You will always see the big picture.
Funding (2 rounds)
Feb 2024
$4.3m
SEED
Feb 2022
$2.4m
SEED
Total funding: $6.6m
Leadership
Dr. Johannes Becher
(CEO)Previously founded digital life insurer Getsurance and former Director of Venture Development at Rocket Internet.
Leopold Jedina
(COO)A background in finance and banking as well as an experienced Operational Manager at Uber and Uber all.
Dmitry Muzhikov
(CPO)Previously co-founded Alteos (an AXA company), and an experienced Managing Director at MonedoMe.