Korint is a technology company.
Korint has raised $8.0M across 2 funding rounds.
Korint has raised $8.0M in total across 2 funding rounds.
Korint has raised $8.0M in total across 2 funding rounds.
Korint's investors include 360 Capital Partners, Seedcamp, World Fund, Nicolas Debock.
Korint is a French insurtech startup founded in 2022 that provides a SaaS platform for insurers, brokers, and MGAs to manage property and casualty (P&C) insurance products digitally, with a focus on B2B mobility like auto and bicycle fleets.[1][2][3] The platform handles the full lifecycle of insurance contracts in real time, supporting complex multi-product policies, cloud scalability, and API integrations to enable rapid product launches, portfolio digitization, and operational efficiency.[1][2] It serves businesses in commercial motor/mobility, specialty lines, and retail/embedded insurance, solving pain points in legacy systems by accelerating launches (10x faster), boosting productivity (noted gains after 12 months), and growing active portfolios.[2]
With €7 million raised, including a €5 million round in September led by Ventech and 360 Capital, Korint demonstrates strong early momentum in the insurtech space, backed by a team of 20+ blending 80% developers/business experts.[3][4][5]
Korint was founded in 2022 in Nanterre, France, by Jean-Baptiste Limare (CEO) and Martin Gross (CTO), both serial entrepreneurs with deep insurance and tech experience.[1][3] Limare brings 11 years in insurance, including in-house ventures at Admiral (2014-2022), founding Veygo UK (on-demand car insurance, 2016-2020), and Kooalys (2020-2022); he holds degrees from HEC and Sciences Po Paris.[3] Gross contributes 8 years as CTO, having founded CommoPrices (data mining for commodities, sold in 2018) and co-founding Kooalys; he's a Centrale Supélec alum.[3]
The idea emerged from their prior work at Kooalys, addressing frustrations with rigid insurance IT systems that slowed product innovation and digitization.[2][3] Early traction came via the platform's logic engine for real-time contract management, leading to €7 million in funding and rapid team growth to 20+ employees.[3]
Korint rides the insurtech digitization wave, where legacy insurers face pressure to modernize P&C products amid rising demand for embedded insurance in mobility (e.g., fleets, bikes) and real-time services.[1][2] Timing aligns with post-2022 funding resurgence in European insurtech, fueled by SaaS adoption and API ecosystems enabling delegated authority models.[4][5] Market forces like regulatory pushes for digital underwriting and telematics integration favor Korint's platform, which unlocks value chains for brokers/MGAs without heavy IT overhauls.[2]
It influences the ecosystem by empowering smaller players to compete with incumbents, accelerating growth in fragmented segments like commercial motor, and setting benchmarks for scalable, expert-driven insurtech tools.[2][3]
Korint is poised for expansion with its recent €5 million funding, likely fueling hires in engineering/product and penetration into telematics/claims modules.[3][4][5] Trends like AI-driven underwriting and embedded insurance in EVs/micromobility will amplify its platform's edge, potentially scaling to more P&C lines across Europe.[2] Influence may evolve from niche mobility player to full insurtech stack provider, mirroring founders' track record of exits and ventures—watch for partnerships with majors like Admiral.[3] This positions Korint as a growth engine in a sector hungry for effortless digitization, tying back to its mission of scalable insurance transformation.[2][3]
Korint has raised $8.0M across 2 funding rounds. Most recently, it raised $6.0M Seed in September 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2024 | $6.0M Seed | 360 Capital Partners, Seedcamp, World Fund, Nicolas Debock | |
| Apr 1, 2023 | $2.0M Seed | 360 Capital Partners, Seedcamp, Nicolas Debock |