Riskwolf to raised CHF 750k from investors led by SICTIC.


Riskwolf, a Zurich, Switzerland-based tech-based insurance seller, announced the completion of a CHF 750k ($834k) capital funding round.

The money was raised from investors led by the local backer SICTIC (Switzerland’s largest and most active business angel network) with participation from angels whose name remained undisclosed.

Riskwolf, founded in 2019 by René Papesch and CEO Thomas Krapf, is building tech that uses parametric insurance helping insurers wit hthe capabilities to underwrite internet downtimes and outages on a global scale, as it is modelling the insurance risks and making payouts in real time.

Total investments received (USD): 834k