Insify, the Amsterdam-based insure-tech platform for freelancers and SMEs, announced that it has raised €16.3 million in Series B funding, per a press release sent to FS. The round was led by Evli Growth Partners, with continued support from Accel, Opera Tech Ventures, Munich Re Ventures, Visionaries Club, and Frontline Ventures.
Founded in 2020, Insify describes itself as the ultimate financial security platform for Europe’s freelancers and SMEs. The company says it combines cutting-edge technology with human support to deliver fast, simple, fair insurance, empowering entrepreneurs to keep doing what they do best. The fresh capital will be used to launch new AI-powered insurance products, expand Insify’s platform, and support growth across its current markets of the Netherlands, France and Germany.
Across Europe, over 28 million freelancers and entrepreneurs keep the economy moving, yet too often they struggle to access insurance that is tailored to their specific needs. Insify changes that, with AI-powered, human-focused protection that adapts to the way entrepreneurs work today, giving them the confidence to keep building, crafting, and growing without fear of setbacks.
Fast Coverage and Real Support
Insify brings innovation to some of the most critical elements of SME business insurance: access, clarity, and claims. Getting covered takes just two minutes online, with intelligent onboarding that helps entrepreneurs understand what they need, cutting through jargon with tailored suggestions. And when something goes wrong, Insify ensures faster claims handling and real human support.
Insify’s technology uses data to make onboarding faster and coverage more accurate, minimising paperwork and reducing the risk of gaps in protection. Insurance grows with each customer’s business, with clear pricing and real humans to help when it matters most.
Already operational in the Netherlands, France, and Germany, Insify now protects thousands of professionals: from web designers and consultants to carpenters and personal trainers.
Since its last Series A extension, Insify has more than tripled its gross written premiums. The new funding is expected to accelerate growth even further and the company plans to launch new AI-powered products and expand the platform’s tools.
With economic uncertainty and limited public safety nets, Europe’s freelancers and SMEs need trusted tools they can rely on to protect what they’ve built. Traditional insurers often build their products and processes with larger companies in mind, and aren’t necessarily as adaptable to the distinct needs of smaller businesses.
“This new chapter isn’t just about growth,” said Koen Thijssen, founder and CEO of Insify. “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, personalized and transparent cover without paperwork built solely for entrepreneurs. The team tackles hard problems and ships with both pace and rigor. We’re proud to support them as they scale.”
