Degura is a technology company.
Degura has raised $2.0M across 1 funding round.
Degura has raised $2.0M in total across 1 funding round.
Degura has raised $2.0M in total across 1 funding round.
Degura's investors include Angel Invest, Atomico, Broadhaven Capital Partners, btov Partners, DST Global, Felix Capital, Piton Capital, Seedcamp, Speedinvest, Akhil Paul, Amit Gudka, Felix Jahn.
Degura is a Berlin-based technology company founded in 2018 that provides a digital B2B/B2C portal for managing occupational pension plans (bAV), streamlining HR processes for company pension provision in Germany[1][3][4]. It serves employers and employees by offering an efficient software platform that optimizes pension setups, leverages tax benefits and subsidies for ETF-comparable returns, ensures capital protection via insurance partners, and reduces administrative burdens while boosting employee productivity and benefits like invoice refunds for absences[3][4]. With over 150 companies using the platform, strong user ratings (4.8 on Google, 4.1 on Trustpilot), revenues around $4-5M, about 40 employees, and total funding under $5M, Degura demonstrates steady growth in the insurtech space[1][2][3].
Degura was founded in 2018 by Stephan Hille, Christian Witte, and Jannik Schmid in Berlin, Germany, targeting the inefficiencies in managing company pension plans[1]. The founders identified a key gap in the German market for digital tools handling bAV (betriebliche Altersvorsorge), where traditional processes were paperwork-heavy and administratively costly for HR teams. Early traction came from providing user-friendly, modern software that supports quick setups—often in 30 minutes—and has since expanded to serve over 150 companies, with testimonials highlighting seamless implementation and support[1][3].
Degura rides the insurtech wave in Europe, digitizing occupational pensions amid Germany's aging population and regulatory push for bAV adoption, where employers must offer viable retirement options[1][4]. Timing aligns with rising demand for automated HR tools post-pandemic, as firms seek cost relief from manual processes amid labor shortages and inflation. Market forces like tax subsidies and group insurance efficiencies favor scalable platforms like Degura's, influencing the ecosystem by enabling SMEs to compete with larger firms in employee benefits and setting a standard for integrated pension software[3][4].
Degura is poised for expansion by deepening insurtech integrations, such as AI-driven personalization or broader EU compliance, capitalizing on trends like hybrid work and longevity risks. As pension mandates strengthen and digital HR tools proliferate, its influence could grow through partnerships and scaled adoption beyond 150 clients. This positions Degura as a key enabler in sustainable employee benefits, building on its foundational digital portal to shape efficient, future-proof pension management[1][3][4].
Degura has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in February 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2023 | $2.0M Seed | Angel Invest, Atomico, Broadhaven Capital Partners, btov Partners, DST Global, Felix Capital, Piton Capital, Seedcamp, Speedinvest, Akhil Paul, Amit Gudka, Felix Jahn, Jonathan Lenson, Mandeep Singh, Marc McCabe, Stan Massueras, Tim Sadler |