The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult, […]
Can AI do ugly? | TechCrunch
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Luko’s acquisition won’t make everyone happy, but the insurtech will live on
Allianz Direct, a digital-first German subsidiary of the insurance giant, has acquired the French home insurance business of ailing insurtech Luko for €4.3 million (around $4.65 million). This […]
Insurtech Getsafe acquires a student loan platform to meet its future clients upstream
European insurtech company Getsafe has acquired deineStudienfinanzierung, an aptly named German digital platform for student loans that was showcased on the local version of “Shark Tank” in 2019. […]
Non-unicorn insurtech Luko urgently needs a buyer, but will it be Allianz?
How fast time flies. Just a few weeks ago, on the heels of its announced acquisition by British group Admiral, French insurtech Luko advertised itself through billboards in […]
Will this former future unicorn be sold for parts?
Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? […]
European digital insurtech startup Getsafe acquires Luko’s German portfolio, reaches 550,000 customers
Getsafe, a German-based digital insurtech startup, has acquired the German portfolio of Luko, a French insurtech startup that recently neared insolvency before agreeing to be acquired by British […]