Tech Company Financing Transactions

Flitter Funding Round

Helvetia Venture Fund and private investors invested in a $3.7 million Seed venture round for Flitter. This venture round was announced on 11/6/2023.

Transaction Overview

Company Name
Announced On
11/6/2023
Transaction Type
Venture Equity
Amount
$3,740,000
Round
Seed
Investors

Helvetia Venture Fund (Lead Investor)

private investors (Adrien Montfort)

private investors (Christophe Eberlé)

private investors (Laurent Ritter)

private investors (Stéphane Treppoz)

Proceeds Purpose
The company will use the funds to expand its pay-by-mile car insurance services. The investment aims to double the team size and achieve profitability by 2024. The new investment is aimed at helping the company make new key hires and doubling the team size to 40.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
14 Rue Beffroy
Neuilly-sur-Seine, 92200
FR
Email Address
Overview
Flitter is a neo-insurance company that provides pay-per-mile insurance and connected technology. It allows drivers to pay for insurance based on the number of kilometers driven. The company was founded on the observation that one out of every two insured people in France drives less than 10,000 kilometers per year and overpays for car insurance.Flitter, for example, offers variable rates to help those who drive less than 10,000 kilometers per year save money.
Profile
Flitter LinkedIn Company Profile
Social Media
Flitter Company Twitter Account
Company News
Flitter News
Facebook
Flitter on Facebook
YouTube
Flitter on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeremy Steinberg
  Jeremy Steinberg LinkedIn Profile  Jeremy Steinberg Twitter Account  Jeremy Steinberg News  Jeremy Steinberg on Facebook
Chief Operating Officer
Hajer Gorgi
  Hajer Gorgi LinkedIn Profile  Hajer Gorgi Twitter Account  Hajer Gorgi News  Hajer Gorgi on Facebook
Co-Founder
Arnaud Dumora
  Arnaud Dumora LinkedIn Profile  Arnaud Dumora Twitter Account  Arnaud Dumora News  Arnaud Dumora on Facebook


 

 

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Prev: 11/6/2023: Llama venture capital transaction
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Where The Data Comes From

We do our best to document tech company VC transactions. All VC database entries reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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