Become an InsiderFrankfurt-based finance startup Clark has raised €69 million in fresh funding led by Chinese tech giant Tencent.
"We wanted to raise last April but the stock market had collapsed and we thought maybe it would be ridiculous, so we waited until the markets calmed down again," Christopher Oster, Clark cofounder and CEO, told Insider in an interview.Frankfurt-based Insurtech startup Clark has raised €69 million in fresh funding led by Chinese tech giant Tencent.
Founded in 2015, Clark's offering is part of a bevy of insurtech disruptors in Germany competing to digitize the country's predominantly paper-based policy offerings.
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