Insurance could be so much more, but what went wrong?
Insurance was born to protect peoples interests, a wonderful cause! But the insurance empire is broken and it’s time to strike back at its legacy infrastructure, organizational design and products built for broker intermediaries rather than around customer. Coya offers a new hope, by redesigning and extending the insurance value chain, working backwards from the customers real life needs. Coya will offer scalable protection at the point of need with an AI risk guardian and simple, transparent and personalized insurance cover. Designed from the ground up to manage life’s risks and join our customer’s journey.
Insurance was born to protect peoples interests, a wonderful cause! But the insurance empire is broken and it’s time to strike back at its legacy infrastructure, organizational design and products built for broker intermediaries rather than around customer. Coya offers a new hope, by redesigning and extending the insurance value chain, working backwards from the customers real life needs. Coya will offer scalable protection at the point of need with an AI risk guardian and simple, transparent and personalized insurance cover. Designed from the ground up to manage life’s risks and join our customer’s journey.
Location: Germany, Berlin
Employees: 51-200
Phone: +49 30 58849400
Total raised: $40M
Founded date: 2016
Investors 3
| Date | Name | Website |
| - | La Famigli... | lafamiglia... |
| - | Vidici Ven... | vidici.se/ |
| - | e.ventures | eventures.... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 05.06.2018 | - | $30M | - |
| 29.08.2017 | Seed | $10M | - |
Mentions in press and media 9
| Date | Title | Description |
| 19.01.2022 | Insurtech startup Luko acquires Coya and gains insurance license | French startup Luko is acquiring German startup Coya in order to grow its European presence and get an insurance license from German regulator. While Luko isn’t disclosing terms of the deal, the company says it’s a 100% share deal, which me... |
| 09.07.2019 | 10 Berlin-based startups to look out for in 2019 and beyond | Berlin is the ultimate destination for entrepreneurs, with reports stating that there is at least one Berlin-based startup established in the city every day. From renting an electric scooter to next generation presentation software, Berlin’... |
| 06.06.2018 | Term Sheet — Wednesday, June 6 | 5 Qs WITH A DEALMAKER Founders Fund partner Trae Stephens found his way to venture capital from the public sector. Paid Content How can you protect what you can't see? From ExtraHop “I was a senior in high school when 9/11 happened and want... |
| 06.06.2018 | Top tech startup news stories you need to know this Wednesday, June 6 | Good morning! Here are some of the top tech startup news stories for today, Wednesday, June 6. Microsoft launches underwater datacenter off Scottish coast. Microsoft has announced the next phase of Project Natick , a research project to de... |
| 05.06.2018 | Coya raises $30 million to launch its insurance service in Europe | Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early employees at the European credit and risk ass... |
| 06.09.2017 | Term Sheet — Wednesday, September 6 | SHOPPING SPREE Good morning, Term Sheet readers. Paid Content What you need to know about growing cyberattacks From ExtraHop The deal, which is pending approval from the NBA Board of Governors, began in July. Fertitta who has been a lifelon... |
| 30.08.2017 | Coya Raises over $10m in Seed Funding | Coya AG, a Berlin-based insurtech startup, raised over $10m in seed funding. Backers included Valar Ventures, e.ventures, La Famiglia, as well as angel investors Mato Peric (EPIC Companies, Rocket Internet), Rolf Schrömgens (Trivago), Elvir... |
| 29.08.2017 | German digital insurance startup Coya receives $10 million from Silicon Valley | Berlin-based insurtech startup Coya has raised a $10 million seed funding round. the investment was led by Silicon Valley's Valar Ventures, a VC firm backed by Peter Thiel, with participation from e.ventures and La Famiglia. Thiel, a co-fou... |
| 29.08.2017 | Coya Raises $10M to Launch A Digital Insurer | Coya AG, a Berlin-based digital insurance start-up enterprise, raised a seed investment of over $10 million from leading global investors including Valar Ventures (the venture fund backed by Peter Thiel), e.ventures, and La Famiglia, as wel... |