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Hedvig logo — Stuff Happens

Hedvig

Stuff Happens

Founded 2017 Sweden Sweden 131 employees Series B Total: $399.40M Insurance, Insurtech +2

General Information

Company Name Hedvig
Founded Year 2017
Location Sweden Sweden
Founders / Decision Makers
Team member
Employees 131
Industries Insurance, Insurtech, Mobile +1
Funding Stage Series B
Social

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About Hedvig

Hedvig, founded in 2017, is a dynamic player in the Insurtech sector, headquartered in Sweden. The company's slogan, "Stuff Happens," encapsulates its mission to provide flexible and user-friendly insurance solutions tailored to modern lifestyles. Specializing in home, car, pet, and accident insurance, Hedvig leverages digital platforms to enhance customer experience.

The company has successfully secured a kr333.00M Series B investment as of 10 March 2023. This round was backed by notable investors including Pente Capital, Adelis Equity Partners, SEB (Skandinaviska Enskilda Banken), and Nicklas Storåkers. These strategic partners bolster Hedvig's growth potential in the competitive insurance marketplace.

With a focus on digital innovation in the insurance industry, Hedvig is well-poised to expand its market presence, offering investors a promising opportunity in the evolving landscape of digital insurance solutions.

Business keywords: Digital Insurance, Home Insurance, Car Insurance, Pet Insurance, Accident Insurance, Travel Insurance, Clumsiness Insurance, EU-licensed Carrier, Claims Handling, Scandinavia, Insurtech, User-Centric Design, Innovative Insurance Solutions, Fast Claims Processing

Services & Products

Home Insurance
Car Insurance
Pet Insurance
Student Insurance
Accident Insurance

Target Customers

Homeowners Renters Car Owners Pet Owners Students

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series B kr333.00M 4
Pente Capital Adelis Equity Partners
Pente Capital, Adelis Equity Partners +2
10 Mar 2023
Secondary Market Undisclosed 1
Nordic Secondary Fund
Nordic Secondary Fund
21 Dec 2021
Series B $45.00M 6
Anthemis Group Cherry Ventures Obvious Ventures
Anthemis Group, Cherry Ventures +4
29 Sep 2021
Venture Round €7.50M 4
Cherry Ventures Obvious Ventures CommerzVentures
Cherry Ventures, Obvious Ventures +2
12 Oct 2020
Series A $10.40M 3
Cherry Ventures Obvious Ventures D-Ax
Cherry Ventures, Obvious Ventures +1
27 Aug 2019
Seed Round $3.50M 7
Cherry Ventures Creades AB
Cherry Ventures, Creades AB +5
20 Sep 2018

Hedvig Alternatives & Competitors

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Hedvig vs
Rightpath Insurance Solutions
Rightpath Insurance Solutions United Kingdom

Full, End-to-End #Insurance Product Services, and Award-Winning Claims Management.

13 employees
Financial Services, Insurance
Compare Hedvig vs Rightpath Insurance Solutions
Hedvig vs
Square One Insurance Services
Square One Insurance Services Canada

A tight-knit team focused on modernizing insurance that respects and values everyone's expertise....

125 employees
Insurance, Insurtech
Compare Hedvig vs Square One Insurance Services
Hedvig vs
OpenHouse Home Insurance
OpenHouse Home Insurance United States

A smarter way to shop for, customize, and buy home insurance.

4 employees
Financial Services, Insurance
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FAQ About Hedvig

Stuff Happens
Hedvig was founded in 2017.
Hedvig is headquartered in Sweden.
Hedvig operates in Insurance, Insurtech, Mobile and Car insurance. Its work centres on Digital Insurance, Home Insurance, Car Insurance and Pet Insurance. Its customers include Homeowners, Renters and Car Owners.
Hedvig has approximately 131 employees.
Hedvig has completed 6 funding rounds, raising a total of $399.40M. The latest funding stage is Series B.
Hedvig offers: Home Insurance, Car Insurance, Pet Insurance, Student Insurance, Accident Insurance.
Top alternatives and competitors to Hedvig include Rightpath Insurance Solutions, Square One Insurance Services, OpenHouse Home Insurance, Stanton Insurance Agency,Inc, Lietuvos draudimas, AB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hedvig and Rightpath Insurance Solutions are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hedvig, https://bouncewatch.com/company/hedvig, updated 11 July 2025. When citing, please name BounceWatch and link this page.

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