Why we invested

We know Leocare since their beginning in 2018, when they were still in beta test with a portfolio of a few dozens of contracts. We have been in touch with the founders during these 2 years and have been very impressed by their execution skills. While the revolution of mobile banking happened in the last five years, the timing for the mobile insurance revolution has come. The insurance market is one of the biggest markets in the world and offers a high predictability and an important customer loyalty. However, as of today, no incumbents have such a simple mobile app nor a flexible offer in the area than Leocare, enabling a full mobile experience, from onboarding to recurring services with a very flexible approach, therefore improving customer satisfaction.