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Luko
Home insurance company
- 201-500 employees
- Fintech
- B2C
- Artificial Intelligence
- Insurance
- Big data
- Deep Tech
- Internet of Things
- Machine Learning
- Saint-Philippe-du-Roule, Paris, France
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Company mission
To be a trusted partner to take care of consumers' homes, so they can focus on their lives.
-19% employee growth in 12 months
Our take
Targeting the staggeringly big home insurance market, Luko delivers a range of insurance options, that leverage smart home devices to help transform home insurance from a reactive model to a proactive, preventative one.
One of the most interesting things about Luko is its "Giveback" policy, that was designed to combat the conflict of interest found in traditional insurance - where the less the policyholder is reimbursed, the more the insurer makes. Luko instead employs a transparent model that directs 30% of contributions to the company, 70% to a pool from which claims are paid, and any money left over at the end of the year is donated to an association chosen by the customer.
The company's ultimate aim is to offer a fully-integrated home care platform, that will encompass comprehensive coverage, prevention, maintenance, and repair. Through this, Luko will act as more than a "simple insurer", and be able to deliver true, modern-driven impact to its 400,000-strong and growing pool of policyholders.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Moka.care for mental health
- Health insurance
- Unlimited paid time off
- Swile voucher
- Stock-options
- Creche possibilities
Company values
- We are user-obsessed
- We deeply care
- We are serious about impact
- Together we execute and move mountains
Funding (last 2 of 3 rounds)
Dec 2020
$52.7m
SERIES B
Nov 2019
$17m
SERIES A
Total funding: $71.8m
This company has top investors
Leadership
Raphaël Vullierme
(CEO)Finished HEC School of Management before co-founding foodtech startup, goodfood. Worked as a Global Rollout Manager at Rocket Internet and as CEO of a private jet booking startup, OpenJet.