wefox successfully secures EUR 151m funding to support new strategy with focus on MGA business and smart insurance distribution.

Zurich, 7 July 2025 – wefox has successfully secured funding of EUR 151 million. This consisted of a EUR 76 million capital raise primarily from its existing investor base as well as refinancing of an existing credit facility with EUR 75 million from Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II. The funding follows the successful completion of the Group’s business restructuring program, including the closing of the sale processes for the Liechtenstein-based wefox Insurance AG and the Italian companies wefox MGA S.r.l. and wefox Services Italy S.r.l., and puts wefox on a clear path to profitability for the full year 2025.

The new funding will enable wefox to build out its strong market positions in Austria, the Netherlands, and Switzerland and to develop its asset-light Managing General Agent (MGA) and smart insurance distribution businesses internationally. In Austria, wefox offers the most advanced digital platform for retail insurance brokers in the local market that has allowed it to become the leading wholesale broker. In the Netherlands, wefox is the #1 player in the Dutch term-life market under the TAF brand, providing award-winning customer propositions with its full-service MGA model. In Switzerland, wefox is a top-ranked player in retail insurance distribution, continuously expanding its customer offering to provide holistic risk advice for individuals. By further strengthening its partnerships with insurance companies and by scaling its local distribution platforms, wefox is positioned for sustainable revenue growth and margin expansion in its current markets and beyond.

With the successful completion of the refinancing, the composition of the board of directors of wefox Holding AG has changed. Prateek Puri, Partner at Searchlight Capital Partners and Joachim Müller, CEO, have joined the board. Julian Teicke, Fabian Wesemann, Dario Fazlic and Nikolaus Frei have now left the board.

Joachim Müller, CEO of wefox Holding AG, commented: “Changing customer needs, new regulatory requirements, and new technological capabilities are transforming the insurance value chain. Our strengths and our focus on MGA and smart distribution services make us an attractive partner for risk carriers and downstream brokers. We believe that our compelling offering and our smart, asset-light business model will create value for our customers, our business partners and our investors. I would like to express my gratitude to my team and all employees who have contributed to our successful transformation, as well as our investors for their continued trust and support. I would also like to thank the outgoing board members for their support and collaboration, and I look forward to working with Prateek on the board.”

Read more >
See our other articles here

Disclaimer - Important

THE WEBSITE YOU ARE SEEKING TO ACCESS IS MADE AVAILABLE BY CHRYSALIS INVESTMENTS LIMITED (THE “COMPANY“) IN GOOD FAITH AND IS PROVIDED FOR INFORMATION PURPOSES ONLY.

THE INFORMATION CONTAINED ON THIS WEBSITE IS INTENDED FOR PERSONS IN THE UNITED KINGDOM ONLY AND IN PARTICULAR IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA (“EEA”), THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION WHERE ITS RELEASE, PUBLICATION OR DISTRIBUTION IS OR MAY BE UNLAWFUL.

Please read this notice carefully – it applies to all persons who view this website. Please note that the terms set out below may be altered or updated without notice. You should read the following provisions in full each time you visit the site.

The information on this website is intended for, and may be accessed only by, persons in the United Kingdom. Viewing the materials you are seeking to access may not be lawful in other jurisdictions.

The information on this website is for information purposes only and does not constitute or form a part of any offer or invitation to sell or issue, or the solicitation of any offer to purchase or subscribe for, securities. Any subscription for securities in the Company may be made only pursuant to a prospectus issued by the Company from time to time that will provide detailed information about the Company and the securities to be offered (the “Prospectus”). Particular attention should be paid to the “Risk Factors” section of the Prospectus which will highlight specific risks relating to the Company.

No securities of the Company have been or will be registered under the US Securities Act of 1933, as amended (the “Securities Act“) or under the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, in or into the United States, or to or for the account or benefit of any US person (within the meaning of Regulation S under the Securities Act). In addition, the Company has not been, and will not be, registered under the United States Investment Company Act of 1940, as amended. There will be no public offer of securities in the United States.

If you are not permitted to view this website or are in any doubt as to whether you are permitted to view this website, please exit this website immediately by clicking on the “Disagree” button below. The contents of this website must not be released or otherwise forwarded, distributed or sent, directly or indirectly, in whole or in part, outside the United Kingdom and in particular in or into any Member State of the EEA, the United States, Australia, Canada, the Republic of South Africa or Japan or any other jurisdiction where the distribution of such materials would or may breach any applicable law or regulation or would require any registration or licensing within such jurisdiction. Persons receiving any such materials (including, without limitation, custodians, nominees and trustees) should observe these restrictions and must not, directly or indirectly, in whole or in part, forward, distribute or send them in, into or from any jurisdiction outside the United Kingdom. Neither the Company, Jupiter Investment Management Limited (the “Investment Adviser”) nor their respective advisers accept any responsibility for any violation by any person of any of these restrictions.

Basis of access

Access to this website is for information purposes only. Any person seeking access to this website represents and warrants to the Company and the Investment Adviser that they are doing so for information purposes only. Making this website available does not constitute an offer to issue or sell or the solicitation of an offer to subscribe for or buy securities in the Company. Further, it does not constitute a recommendation by the Company or the Investment Manager or any associated company or any other person to subscribe for or buy securities in the Company. The information on this website is general in nature and does not in any way constitute investment, tax, legal or other advice.

None of the Company, the Investment Adviser or any other person has, or accepts, any responsibility or duty to update any information, document or announcement contained on this website and the Company reserves the right to add to, remove or amend any information available on this website at any time.

The information on this website is general in nature and may be subject to amendment and updating without notice. None of the Company, the Investment Adviser nor any other person guarantees the accuracy or completeness of any information on this website and each such person disclaims all representations and warranties, whether express or implied, to the greatest extent permitted by applicable law and regulation. By continuing to use this website, you agree to the exclusion by such persons, to the greatest extent permitted by applicable law and regulation, of any and all liability for any direct, indirect, punitive, consequential, incidental, special or other damages, including, without limitation, loss of profits, revenue or data arising out of or relating to the provision of and your use of this website and its content.
Neither the Company, its directors, the Investment Adviser nor any other person accepts any responsibility in respect of any information contained on any other website which may be linked to or from this website.

Use of Cookies

The Company uses cookies to track where you are accessing this website from. For further details of the types of cookie we use please refer to our Privacy and Cookies policy.

Confirmation of understanding and acceptance of terms

Please select your country of residence:

By clicking on the “Agree” button below, you confirm, represent and warrant to the Company that you are located in the United Kingdom and you agree that you will not forward, distribute or send any materials contained in this website to any person outside the United Kingdom.

I have read and understood the terms set out above, which I understand may affect my rights and I agree to be bound by those terms. By clicking on the “Agree” button below, I confirm that I am permitted to access the website.