Investment of £12m Finalized in Series B Round for Wrisk
Wrisk Secures £12 Million Series B Funding for European Expansion
Wrisk, an embedded insurance solutions provider for the automotive sector, has successfully closed a Series B funding round of £12 million. The funding round was co-led by Mundi Ventures and Opera Tech Ventures, with both firms joining Wrisk's board of directors. Existing investors QBN and Volution also participated, reaffirming their support for Wrisk's long-term strategy.
With this new funding, Wrisk aims to accelerate its expansion across Europe to meet growing demand for premium, branded, data-driven insurance as OEMs digitise customer journeys. The company has already built embedded insurance programmes for global automotive brands such as BMW, MINI, Volvo, Mercedes-Benz, Jaguar Land Rover, and Stellantis.
Wrisk's data capability is central to its proposition, with a proprietary embedded data framework developed specifically for automotive use cases. This data-driven approach allows Wrisk to offer personalised insurance solutions that meet the unique needs of each customer.
The strategic positioning of Wrisk includes strong investor backing, trusted partnerships with leading automotive brands, and a platform designed to evolve with the industry. The company has a commercial team in Munich and has secured regulatory licences, positioning it to grow its presence across Europe.
However, specific details about Wrisk's European expansion strategy or embedded insurance partnerships could not be found in the current search results. While the exact details of their plan remain undisclosed, it is expected that the funding will help deepen engagement with existing partners, support new partner acquisition, and expand Wrisk's footprint across Europe.
As Wrisk continues to grow and evolve, it will undoubtedly play a significant role in shaping the future of embedded insurance in the automotive sector. Stay tuned for more updates as Wrisk embarks on its exciting journey of expansion.
[1] General Risk Summit 2025 [2] European Insurance Summit 2025 [3] Digital Transformation in Insurance 2025 [4] Insurtech Europe 2025 [5] European Automotive Summit 2025
- Wrisk, after securing £12 million in Series B funding, may showcase its advanced motor insurance solutions at upcoming events like the Insurtech Europe 2025, demonstrating the company's commitment to innovation and growth in the European market.
- Given the growing need for data-driven, branded insurance solutions in the automotive sector, Wrisk is anticipated to present its strategies at the European Insurance Summit 2025, taking advantage of the opportunity to strengthen collaborations with key industry players.
- As Wrisk expands its presence across Europe, it will likely be a prominent keynote speaker at conferences like the Digital Transformation in Insurance 2025 and the European Automotive Summit 2025, sharing insights on how technology can revolutionize the motor insurance landscape and improve customer experiences.
