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Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO

Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO

Released Tuesday, 26th January 2021
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Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO

Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO

Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO

Tencent backs insurance startup Clark in $85US round. We talk to Clark’s CEO

Tuesday, 26th January 2021
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This is the fintech track of Startuprad.io. Find us on Twitter: https://twitter.com/fintech_germany

Learn more about us at www.startuprad.io

 

[A Ping-Pong table, a PlayStation ora table football] don’t help that much if the [corporate culture] is broken.

Christopher Oster, CEO and Co-Founder Clark

 

In this interview we are talking to a previous guest. Christopher Oster isthe CEO and co-founder of Frankfurt-based insurtech clark. In the past we talkto him about the appearance of Clark on Bloomberg’s list of startups to watch,back in 2017. Now they raised an 85 m US$ series C venture capital round, withnoteworthy investor Tencent from China. We talk to him about the funding, theway to the funding and their plans. 

 

Insurance has still not reallypenetrated by technology … you have unhappy customers … this is a greatopportunity for a founder.

Christopher Oster, CEO and Co-Founder Clark

 

Enabler

This recording was madepossible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

 

In 2015 there was almost no fundingfor insurtech startups, it all started in 2016

Christopher Oster, CEO and Co-Founder Clark

 

 

The Founder

In this interview we are talking to Christopher (https://www.linkedin.com/in/dr-christopher-oster-3158802/)the CEO and co-founder of Frankfurt-based insurtech clark. In the past we talkto him about the appearance of Clark on Bloombergs list of startups to watch,back in 2017.

 

You have a paper folder with yourinsurance policies, but nobody checks if the insurance policies still matchesyour life.

Christopher Oster, CEO and Co-Founder Clark

 

The Startup

 

The startupwas built by a group of four friends, who to together, since they could notfind the help they wanted with their insurance needs. The whole founding teamis still on board, more than 5 years after the company was set up Crunchbase (https://www.crunchbase.com/organization/clark-2), company website (https://www.clark.de/).  

 

An average German has six insurancepolicies with 4 different insurance carriers.

Christopher Oster, CEO and Co-Founder Clark

 

The Interviewfrom 2017

 

The whole blog post is here: https://www.startuprad.io/interviews/clark-de-startup-germany-bloombergs-list-50-promising-startups/

Or just tune in to the interview here:

https://open.spotify.com/episode/3xryTBqaxncpSrnXO3L3QQ?si=2qC09ZDDTJ6XnewH7_LMvg

 

For our series a, we talked to 300VCs or so. There was a lot of uncertainty and many other companies started aswell.

Christopher Oster, CEO and Co-Founder Clark

 

Feedback

 

Reach out to us, here is our audiencesurvey, to give us feedback, suggest topics, interview partners or just to say“Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

 

TheInterviewer

This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, andhost of Startuprad.io. Reach out to him:

LinkedIn

Twitter

Email

 

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