Opera Tech, founded in 2021, is an emerging insurtech company headquartered in Paris that offers innovative insurance solutions for multiple sectors, including pets, health, homes, cars, and urban mobility.
Their approach to insurance integrates embedded banking services and an innovative reward system for positive behaviors, distinguishing their offerings in the crowded fintech and insurance industries. The company has leveraged technology, particularly Python coding, machine learning, and automation to create products with notably low acquisition costs.
In their initial phases, Opera Tech successfully secured a €1.00M Seed Round investment, received on 01 September 2021, primarily backed by Opera Venture. As they look to expand their footprint, they encourage partnerships and investments that align with their vision of revamping the insurance landscape through technology.
ICI Insurance