Wopta Assicurazioni has raised €5m in fresh funding, pushing total capital secured since 2022 beyond €20m and valuing the Italian InsurTech at over €100m.
The round, supported by Make Your Credit, combines structured finance with equity as Wopta shifts focus from early growth to scale, according to Startup Business Italy.
The capital will be used to deepen Wopta’s footprint domestically, with a strategy centred on expanding distribution and accelerating acquisitions. The company is targeting underserved segments such as SMEs and professionals, where access to tailored insurance remains limited.
Wopta’s model blends digital infrastructure with a physical distribution network, positioning itself as a “phygital” insurer.
Its proprietary platform connects over 4,000 distribution partners and is supported by “Anna”, an AI agent designed to assist both customers and intermediaries. This combination of automation and human advisory has underpinned its growth to more than 220,000 customers.
Unlike many early-stage InsurTechs, Wopta has already reached profitability, reporting positive EBITDA a year ahead of plan. It generated €5m in revenue alongside more than €20m in brokered premiums, signalling a shift from growth-at-all-costs to a more sustainable scaling phase.
M&A is emerging as a key pillar of that strategy. The company has completed two broker acquisitions to strengthen regional reach and specialist capabilities. Zanni Broker adds a strong SME and retail client base in Lombardy, while GM Insurance Broker brings expertise in corporate and professional risk. Together, the deals are expected to enhance cross-selling and improve margins through tighter integration of distribution and underwriting.
Earlier funding rounds drew backing from a wide pool of Italian investors, including individuals linked to Calzedonia Group and Azimut, reflecting strong domestic support for the business.
“We have demonstrated that our model works. Now we want to bring it even closer to businesses and local communities that often struggle to access adequate insurance cover. The first two acquisitions are not merely financial transactions: they represent Wopta’s way of putting down roots in the real economy, helping to support it and bridge the protection gap. For us, growth means standing shoulder to shoulder with the country and its productive system. We do this with the best technology, the advice of our Wopter team and the trust of our partners and stakeholders, to offer a service that protects the work of those who produce and create value every day,” Wopta Assicurazioni founder and CEO Vincenzo Macaione said.
Keep up with all the latest FinTech news here
Copyright © 2026 FinTech Global
