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Luko logo — Luko is a transparent, AI-powered startup offering home and...

Luko

Luko is a transparent, AI-powered startup offering home and e-scooter insurance, with a giveback model.

Founded 2016 France France 2-10 employees Consumer Electronics, Consumer Goods +4

General Information

Company Name Luko
Founded Year 2016
Location France France
Employees 2-10
Industries Consumer Electronics, Consumer Goods, Hardware +3
Social

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About Luko

Luko is a France-based insurtech startup that is positioning itself as a game-changer in the insurance sector. The company's slogan, "Luko is a transparent, AI-powered startup offering home and e-scooter insurance, with a giveback model," encapsulates its core offerings and distinguishing features. Luko is focused on simplifying and modernizing the insurance experience, utilizing AI and hardware tools to provide seamless home protection solutions and a completely digital insurance experience. One of the standout characteristics of Luko is its commitment to transparency and affordability. The company promises swift insurance coverage in just two minutes, reimbursement in two hours, and damages repair in two days. In addition, Luko's rates and policies are transparent and, on average, 20% less expensive than those of established rivals. Furthermore, Luko has integrated a giveback model into its business ethos, charging a flat fee and donating any leftover funds from claims to charitable organizations chosen by customers. Founded in 2016, Luko operates in the Consumer Electronics, Consumer Goods, Hardware, Information Technology, and Insurance industries. While details about its last investment and investors are not currently available, Luko's innovative approach, commitment to transparency, and social responsibility make it a compelling player in the insurance and insurtech space.

Taxonomy: Insurtech, AI-powered, Home insurance, E-scooter insurance, Digital experience, Tech-driven, Startup, Disruptive, Customer-centric, Social good, Giveback model, Quick claims, Affordable rates, Hardware tools

No funding data available for Luko yet.

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Latest News

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This week in European tech: Monzo rumoured to be raising £300M, EA Elektro-Automatik acquired in $1.... — Tech
This week in European tech: Monzo rumoured to be raising £300M, EA Elektro-Automatik acquired in $1.45B deal, the Tech.eu Summit, and more!
Tech Jan 23, 2024
Luko’s acquisition won’t make everyone happy, but the insurtech will live on — Techcrunch
Luko’s acquisition won’t make everyone happy, but the insurtech will live on
Techcrunch Jan 26, 2024
UK Fintech Onfido in talks to be acquired — with first backer set to make 320x return — Sifted
UK Fintech Onfido in talks to be acquired — with first backer set to make 320x return
Sifted Feb 07, 2024
Payflows lève 25 millions d'euros pour son logiciel de gestion à destination des équipes financières — Usine-digitale.fr
Payflows lève 25 millions d'euros pour son logiciel de gestion à destination des équipes financières
Usine-digitale.fr Apr 22, 2024
Payflows secures €25m from Balderton Capital to revolutionise finance team operations — Fintech.global
Payflows secures €25m from Balderton Capital to revolutionise finance team operations
Fintech.global Apr 22, 2024
Paris-based Payflows raises €25 million Series A to build the command centre for finance teams — Eu-startups
Paris-based Payflows raises €25 million Series A to build the command centre for finance teams
Eu-startups Apr 22, 2024

Luko Alternatives & Competitors

Luko vs
Luko by Allianz Direct
Luko by Allianz Direct France

Making home insurance fair, simple and transparent for +200k policyholders in France.

Acquired
165 employees
Compare Luko vs Luko by Allianz Direct
Luko vs
Novamar Insurance Group, Inc.
Novamar Insurance Group, Inc. United States

An insurance brokerage providing local service and global insurance solutions for our clients at hom...

22 employees
Finance, Financial Services
Luko vs
Insurance One Agency L.C.
Insurance One Agency L.C. United States

Based in Texas, Clients Worldwide.

114 employees
Finance, Health Care

FAQ About Luko

Luko is a transparent, AI-powered startup offering home and e-scooter insurance, with a giveback model.
Luko was founded in 2016.
Luko is headquartered in France.
Luko operates in the following industries: Consumer Electronics, Consumer Goods, Hardware, Information Technology, Insurance, Insurtech.
Luko has approximately 2-10 employees.
Top alternatives and competitors to Luko include Luko by Allianz Direct, Novamar Insurance Group, Inc., Insurance One Agency L.C., Pedal Cover, Prince Insurance Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Luko and Luko by Allianz Direct 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.

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