Insurtech Startup Clark Raises €13.2M in Series A Funding

Clark, a Berlin, Germany-based insurance-robo-advisor, raised €13.2m in Series A funding. Backers included FinLeap, SevenVentures and Axel Springer (through media investments), yabeo Capital, Kulczyk Investments, HitFox, TA Ventures, Tenderloin Ventures and GMPVC. The company intends to use the funds to develop its technology platform and grow the team.