Overview
Embea is an InsurTech company based in Berlin, Germany, that was founded in 2022. The company develops an embedded life insurance platform designed to integrate life insurance products into digital platforms across Europe.
The company addresses the market for life insurance solutions that can be incorporated into existing digital services and platforms. This approach aims to make life insurance coverage available to users during their engagement with non-insurance activities and services.
Activities and products
Embea's main product is an embedded life insurance platform that enables digital platforms to offer life insurance coverage to their users. The platform is designed for pan-European deployment and focuses on integrating life insurance into digital services where users are already active, rather than requiring them to visit traditional insurance providers.
Stage and funding
Embea is at seed stage and raised €4 million in seed funding in February 2024. The funding round was led by Atlantic Labs and astorya.vc. The company is using this capital to expand its pan-European embedded life insurance platform.
Photograph: Proxyclick Visitor Management System / Unsplash
Company details
- Legal name
- Embea
- Website
- www.embea.com
- Headquarters
- Berlin, Germany
- Founded
- 2022
- Sector
- InsurTech
- Funding stage
- Seed