tech11 raised seed financing from High-Tech Gründerfonds

tech11, a Würzburg, Germany-based insurance company via a digital platform for policy and claims management, announced the completion of a seed funding round.

The money was raised from the local investor from Germany High-Tech Gründerfonds (HTGF).

tech11, founded in 2018 by Pierre Dubosq and Matthias Reining, developed a cloud-based insurance software suite for P&C insurers.

The technology platform supports all necessary core insurance processes in property insurance, including solutions for front & back office management, automated processing, document management, claims management, policy management, B2C sales & distribution, analytics, etc. The company has over 40 employees and also has a branch office in Cologne.