CLARK
“Can a digital insurance broker become the default financial protection layer for German consumers by combining AI-driven advice with a full-stack brokerage mandate?”
Founded2015
HQFrankfurt / Berlin, Germany
Total raised$45M+ (as of Series B 2018)
Latest roundSecondary - Private (per PitchBook)
IndustryFintech / Insurtech
The story
Founded in 2015 out of FinLeap as a German 'insurance robo-advisor', CLARK built a mobile-first platform allowing users to manage and optimize all their insurance policies through AI-driven analysis. The platform acts as a digital insurance broker — assessing coverage gaps, recommending improvements, and enabling purchase across life, health, and property insurance. It has remained focused on the German market with a mandate-based brokerage model.
Last 12 months
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Product timeline
2015
Founded in July 2015, spun out of FinLeap fintech company builder in Frankfurt/Berlin as a digital insurance brokerage.· insurance
2016
Closed €13.2M Series A to scale its insurance management app in Germany.· insurance
2018
Raised $29M Series B led by Portag3 Ventures and White Star Capital, bringing total funding to $45M.· insurance
The stack
1 layer disclosed in CLARK’s embedded-finance stack
Card issuing
Accounting gap: none