Assurup is a technology company.
Assurup has raised $1.0M across 1 funding round.
Assurup has raised $1.0M in total across 1 funding round.
Assurup is a French fintech company founded in 2015 that provides tailored, 100% online professional insurance solutions for freelancers, startups, auto-entrepreneurs, TPEs (very small enterprises), and SMEs.[1][2][4] It offers coverage including professional liability, office protection, cyber-risk, key person insurance, telework, and equipment protection via a quick three-minute subscription process and an online platform for management and certificates, partnering with over 30 insurers.[2][3][4] With $1.2 million in total funding and reported revenue of $7.7 million, Assurup supports startups from inception through fundraising, specializing in tailor-made contracts for new uses and the collaborative economy, serving over 12,000 companies like Lydia, Pigment, and Qonto.[1][2][5]
The company combines a fully digital model with expert support, enabling rapid policy issuance (under 2 minutes) across 1,500+ business activities, earning it the #1 ranking among French professional insurance brokers in 2023 per Argus de l'Assurance.[5]
Assurup was founded in 2015 and is headquartered in Neuilly-sur-Seine (with operations noted in Paris), emerging as a response to the insurance needs of France's growing freelance and startup ecosystem.[1][2] While specific founders are not detailed in available sources, the company quickly pivoted to a hybrid model blending all-digital subscription tools with a dedicated team for personalized advice, targeting underserved segments like auto-entrepreneurs and early-stage ventures.[3][5]
Early traction came from simplifying complex insurance for non-traditional businesses; by 2017, it had formalized its platform for 2-minute subscriptions, and by 2023, it achieved top broker status with 12,000+ clients, including high-profile startups, demonstrating steady evolution amid France's insurtech boom.[1][5]
Assurup rides the insurtech wave in Europe, particularly France's booming freelance and startup economy, where digital natives demand fast, flexible protection amid rising cyber and remote-work risks.[4] Timing aligns with post-2020 shifts: explosive growth in auto-entrepreneurs (France's micro-businesses) and SMEs adopting hybrid work, amplified by regulatory pushes for better SME insurance access.[1][2][5]
Market forces like insurtech consolidation (e.g., Stello's 2024 acquisition) and competition from Orus/Indeez favor Assurup's established network and top ranking, positioning it to influence ecosystem resilience by enabling risk management for tech firms in mobility, fintech, and consulting.[4][5] It lowers barriers for startups, fostering innovation in a sector where 4,485+ insurtechs compete globally.[4]
Assurup's hybrid edge and #1 status poise it for expansion into adjacent EU markets or deeper B2B integrations (e.g., embedded insurance for platforms like Qonto).[5] Trends like AI-driven underwriting, escalating cyber threats, and green mobility will shape its path, potentially boosting growth via acquisitions or partnerships amid insurtech M&A.[4]
As France's startup insurance leader, Assurup will likely amplify its ecosystem role, evolving from broker to full risk platform—cementing its value for the next wave of freelancers and scale-ups querying simple, robust protection.
Assurup has raised $1.0M in total across 1 funding round.
Assurup's investors include 50 Partners, Daphni, F3A, ISAI, Kima Ventures, Cyril Grislain, Jean-David Blanc, Laurent Ritter.
Assurup has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in October 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2017 | $1.0M Seed | 50 Partners, Daphni, F3A, ISAI, Kima Ventures, Cyril Grislain, Jean-David Blanc, Laurent Ritter |