Insify, the Dutch InsurTech platform designed for freelancers and SMEs, has secured €16.3m in Series B funding to expand its digital insurance services across Europe.
The investment round was led by Evli Growth Partners, with continued support from Accel, Opera Tech Ventures, Munich Re Ventures, Visionaries Club and Frontline Ventures, according to FF News.
The fresh backing will help Insify deliver on its mission to transform business insurance for entrepreneurs.
Founded by entrepreneurs, Insify builds insurance products that are tailored to the unique needs of freelancers and small businesses. The company leverages AI-powered technology to streamline onboarding, simplify cover options and reduce paperwork, making insurance faster and more transparent.
With the new funding, Insify plans to accelerate its European expansion, launch new AI-powered insurance products, and enhance its technology tools. The company says this is all part of its mission to offer freelancers and SMEs access to “smart, simple, fair insurance that truly works for the self-employed.”
The platform is already available in the Netherlands, France and Germany, and serves thousands of professionals ranging from consultants and web designers to carpenters and personal trainers. Since its Series A extension, Insify has more than tripled its gross written premiums, demonstrating significant growth in demand.
Insify founder and CEO Koen Thijssen said, “This new chapter isn’t just about growth. Freelancers and SMEs deserve protection that meets their bespoke needs, not just one-size-fits-all coverage. It’s about giving the builders of Europe’s economy the right tools and ultimate financial security to move forward with confidence. We’re proud to welcome Evli as a partner in this mission to empower them and build an insurance platform that works for entrepreneurs: smart, simple, and radically more supportive.”
Miko Kuitunen, partner at Evli Growth Partners, commented: “We invested in Insify because it fixes a painful gap in SME insurance: fast, personalised and transparent cover without paperwork built solely for entrepreneurs. The team tackles hard problems and ships with both pace and rigour. We’re proud to support them as they scale.”
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