German insurtech startup INZMO raises just over €3 million

Berlin-based insurtech startup INZMO has closed a €3.1 million seed round led by Change Ventures. Swiss insurance company Helvetia, an existing backer from the pre-seed round in 2018, also participated.

Founded in 2015, INZMO is an end-to-end digital insurance platform. Users can buy or change policies and submit claims via the smartphone app. Meanwhile the software doubles as a back-office solution for insurers.