Swiss InsurTech JAROWA, a digital marketplace and transaction platform for insurance companies, property managers and leasing companies, has raised CHF 12.4m in Series A funding.
The round was led by Eos Venture Partners, with participation also from moyreal holding AG together with Helvetic Trust AG and an entrepreneurial family office based in Zurich.
Founded in 2017, JAROWA offers insurance companies, property managers, and leasing companies access to a digital marketplace within the areas of mobility, property & trades, healthcare, and legal advice.
After starting out in its home market in Switzerland, JAROWA expanded into Germany, the UK and Italy. The company said with this funding it plans to expand further in Europe.
Carl Bauer-Schlichtegroll, general partner at Eos Venture Partners, said, “The claim process is at the heart of every insurance company; it is critical for the industry as well as for the end-user who is depending on a smooth and quick claim handling.
“We are delighted to work with this great team and help bring their business to the next level. It is ever more important, especially in today’s challenging times, to reduce costs, increase customer satisfaction, secure best claims servicing standards, and beat inflation.”
Swiss InsurTech company dacadoo recently licensed its Risk Engine solution to Japan-based Daido Life, for the development of the new product, KENCO+.
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