Clark has raised €69 million in Series C funding

Clark is a reimbursement platform that supplies seamless, low-cost, and all-inclusive insurance benefits. Clark provides users with simple, reasonable, and customer-centric health coverage advice by incorporating advanced technologies and medical coverage expert knowledge. The leading digital manager headquartered in Germany recently upped €69 million in Series C funding. Clark receives funding from FinTech incubator FinLeap and the protection think tank ITA – “Institute for Transparency.” 

Tencent prompted the round, with established investment companies Portag3 Ventures, White Star Capital, and Yabeo also participating. The funds will be used to expedite the company ‘s development through capital spending in its product and user procurement.

Clark has successfully raised $133.7 million in funding across six rounds. Their most recent funding came in the form of a Series C round on January 12, 2021. Clark is backed by a group of 21 shareholders. The most subsequent venture capitalists are Tencent and Coparion. Clark purchased finanzen.de AG on November 8, 2021.

About Clark

Clark was originally established in June 2015 by Chris Lodde, Christopher Oster, Dr. Marco Adelt, Garrett Whitmore, Steffen Glomb. The business’s main offices are in the European Union (EU) regions. The company is still in operation, and its most recent round of financing was Series C. The corporation ‘s lawful title is Clark Germany GmbH, and its type of business entity is For Profit. The company focuses on FinTech, Insurance and InsurTech. 

The most important aspects of one’s life should be straightforward. CLARK simplifies coverage and assists in appropriately insuring people. Their statement of purpose states that they want to make the insurance so simple, equitable, and straightforward that their consumers appreciate it. Because understanding you have the excellent defense at the absolute cheapest ratio is a great feeling. They provide their clients with the ability to keep a virtual eye on all of their insurance programs at all times and to notify them on how independent tariffs can be optimised by using CLARK.

CLARK app

The CLARK app is used by over 500,000 users from all types of backgrounds to find the best insurance costs from over 180 services. Manage your agreements online with ease. You will also be given an evaluation of your health coverage predicament as well as tariff information. Therefore you always have all of the valuable information at your fingertips, such as significant contributions, notice periods, and underwriting numbers. CLARK autonomously and openly checks and analyzes your current contracts. This allows you to determine whether you are able to save insurance costs or improve your advantages. You can also locate out which contract terms would make logical sense in your prevailing life situation by checking their needs. The CLARK specialist algorithm will search the insurance industry for the cheapest deals from over 180 providers on your behalf.

Why is CLARK the leading Insurtech?

Innovation

The CLARK competent algorithm analyses your insurance circumstance instantaneously. So you’re always aware of how satisfactory your current contracts are and the ways you can enhance your financial protection.

Expert recommendations

If you prefer, you can contact the knowledgeable CLARK team of specialists via chat or phone. Whether you have queries about your current agreements or require non-binding advice.

Paperless

Since 2015, they have been founders in cashless transactions, leading digital management. Most exchanges with health insurers can be completed entirely digitally using their app.

CLARK benefits

Tariffs that are appropriate

CLARK, as your autonomous health coverage supervisor, will recommend appropriate tariffs for all provisions of the public. CLARK completes all of the work for you, independently and accountability, and checks the quality and prices of all tariffs in a short amount of time.

There are no hidden costs

You will incur no added expenses irrespective of whether you employ a broker to obtain your insurance.

There is no fine print.

With CLARK, you always seem to have a simple and straightforward overview of all your insurance details.

There is no insurance agent.

They are middlemen who serve customers like you rather than a single insurance company.

Conclusion

Clark is a reimbursement platform that supplies seamless, low-cost, and all-inclusive insurance benefits. The business’s main offices are in the European Union (EU) regions. The company is still in operation, and its most recent round of financing was Series C. The most important aspects of one’s life should be straightforward. Therefore you always have all of the valuable information at your fingertips, such as significant contributions, notice periods, and underwriting numbers. CLARK autonomously and openly checks and analyzes your current contracts. The CLARK competent algorithm analyses your insurance circumstance instantaneously. If you prefer, you can contact the knowledgeable CLARK team of specialists via chat or phone. Whether you have queries about your current agreements or require non-binding advice. Since 2015, they have been founders in cashless transactions, leading digital management. Most exchanges with health insurers can be completed entirely digitally using their app. CLARK, as your autonomous health coverage supervisor, will recommend appropriate tariffs for all provisions of the public. Their most recent funding came in the form of a Series C round on January 12, 2021. Clark is backed by a group of 21 shareholders. The leading digital manager headquartered in Germany recently upped €69 million in Series C funding.

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