Hedvig announced closing a $45 million funding round led by Anthemis.

Sweden Germany United Kingdom United States 28 September 2021
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Hedvig, a Stockholm, Sweden-based digital provider of insurance brokerage services, announced that it closed a $45 million series B capital financing round.

The money was raised from investors led by the British from Anthemis, joined by existing shareholders Cherry Ventures, Obvious Ventures, CommerzVentures and Novax. New investors include Nineyards Equity and Mathias Kamprad and Jonas Kamprad (sons of Ikea's founder Ingvar Kamprad).

The Series B round has been led by Anthemi's partner Ruth Foxe Blader and Managing Director Matthew Jones. Blader has previously led AllianzX's investment in the American insurance company Lemonade

Hedvig, founded in 2016 by John Ardelius, Fredrik Fors and CEO Lucas Carlsen, sells home and property insurance via a digital platform. The company launched its service in May 2018, received an insurance licence from the Swedish authorities and is in the proceess of becoming a licensed insurance company in the European Union. It says it insures just over 70,000 people in three markets and the majority of Hedvig's members are under 30 years old.

Hedvig is one of the fintech startups from the Nordics part the new wave of unicorn wannabes. It previously raised a total of roughly $23 million, with series A closed at $9 million in 2020.

Total investments received (USD): 91.64M

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