Helvetia Venture Fund Invests in On-Demand Insurtech INZMO

Helvetia Venture Fund has announced its “single-digit million” investment in Estonia-based INZMO .

The startup, established in 2015 by Meeri Rebane, offers a digital flow for those looking to purchase bike insurance, with plans to expand to travel, pet and additional products insurance in the future.

Also, it has been working with Helvetia since June 2017. Its “technology enables consumers to instantly meet their insurance needs online via a mobile app or in the stores of partner retailers. Insurance policies can be concluded and then managed in just a few minutes, and an in-app claims handling process allows customers to deal with their claims in a hassle-free way.” Bottom Line: INZMO has previously raised ~$380K.