The computerised protection supervisor company, Clark, has raised EUR69 million in Series C funding led by Tencent. The company provides cutting-edge insurance products and services. With its exemplary business model, this B2B company is positioned to become a leader in the field. The firm aims to make protection justifiable and an everyday occurrence. This investment will help the company scale its product and continue its growth.
Proprietary Mobile Application
Frankfurt a proprietary mobile application, Clark allows people to monitor, manage, and buy insurance policies. The app also provides users with tips and suggestions on how to improve their insurance situation. It also shows details on contributions and notice periods. Clark is a company that emphasizes transparency, independence, and safety. The company’s robo-advisory platform and team of certified insurance experts are designed to help people make better decisions.
The Frankfurt, which is privately owned and based in Frankfurt, Germany, is aiming to become a market leader in the insurance industry. The company has already proven itself in a number of markets, and it recently raised EUR69 million in Series C funding in June 2019. With this investment, the company is well-positioned to compete for market share. The company is currently employing 200 people across three locations in Germany. It hopes to expand internationally by 2020, and it plans to enter the Austrian market.
Digital Insurance Manager
Digital insurance manager, Frankfurt, has raised EUR69 million in Series C funding led by Chinese internet giant Tencent. The money will be used to expand the company’s product and accelerate development in Germany. The startup, which was founded in June 2015, already has over 450,000 customers in Germany, and is targeting one million by 2023. The company’s artificial intelligence-based platform is designed to make insurance shopping as simple as possible.
With this funding, Clark will be able to expand their team and expand their client base. Tencent is Clark’s largest investor and will help them to develop a more scalable product and build a global presence. The company will continue to recruit more representatives and put resources into improving the security of its clients and items. Furthermore, the company plans to launch new products in the future, including a game-based antivirus solution.
The demand for personalized catalogs, discounts, and special promotions have increased. Customers also expect easy bulk ordering and repeat ordering. Whether a business is selling a product to an individual or a larger corporation, customers expect an easy, seamless transition between the online and offline channels. That is why the need for streamlined B2B ecommerce is growing in Germany.
A business’s success depends on the ability to differentiate itself from competitors. For this, it’s essential to develop an effective marketing strategy. It’s important to learn about the specific needs of consumers. It’s also important to understand their motives. A B2C company must design its operation to meet the needs of its niche, as well as be prepared to spend a significant amount of money on marketing.
The business is focusing on medium-sized enterprises (SMEs) and retail outlets. Quill, for example, provides office supplies and office furniture to small and medium businesses. Its website features clear information and useful images. It also offers a blog explaining how the business works. Those who use the company’s goods will find it easy to shop on their website.