Luko Funding: How Much Did They Raise & Key Investors

How Much Did Luko Raise?
Funding & Key Investors

Luko, the Paris-based insurtech innovator, has successfully secured a significant capital injection, bringing its total funding to $82.7M. This latest major strategic investment of $60.7M underscores the company's rapid ascent within the European insurance landscape. By prioritizing a proactive, technology-driven approach to home protection, Luko has effectively positioned itself as a disruptive force in a traditionally stagnant industry. The firm's growth trajectory, marked by a series of successful financing rounds, reflects strong investor confidence in its unique model of transparency and social responsibility.

Since its inception in 2018, Luko has demonstrated a consistent ability to attract high-profile backing, evolving from its initial Series A round to a robust Series B. This latest infusion of capital serves as a testament to the company's operational maturity and its ability to scale its neo-home insurance platform across competitive markets.

What is Luko?

Luko

Insurance

Luko is redefining the home insurance and services sector by integrating advanced technology with a core commitment to social responsibility. As a B-Corp certified entity, the company distinguishes itself through a preventive model that aims to mitigate risks before they result in claims. With over 200,000 policyholders, Luko has successfully modernized the customer experience, moving away from legacy insurance structures toward a more transparent, user-centric framework. Their innovative Giveback programme, which donates excess premiums to charitable associations, further aligns the company's financial interests with those of its community, fostering a positive impact that extends beyond traditional coverage.

How much funding has Luko raised?

Luko has raised a total of $82.7M across 2 funding rounds:

2019

Series A

$22M

2020

Series B

$60.7M

Series A (2019): $22M with participation from Speedinvest, Accel, and Founders Fund

Series B (2020): $60.7M led by EQT Partners Inc, Speedinvest GmbH, Accel Partners BV, and Founders Fund LLC

Key Investors in Luko

Founders Fund

Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages, providing maximum support with minimum interference.

EQT Partners Inc

A global investment organization with a focus on private equity and infrastructure, known for driving sustainable growth and operational excellence in its portfolio companies.

Speedinvest GmbH

A pan-European venture capital firm that specializes in early-stage technology investments, providing operational support and network access to high-growth startups.

What's next for Luko?

With this major enterprise-level funding, Luko is well-positioned to accelerate its market expansion and deepen its technological capabilities. The company is expected to leverage this capital to enhance its proprietary home monitoring solutions and further refine its digital insurance platform. As Luko continues to scale, the focus will likely remain on maintaining its high customer service standards while exploring new service verticals that complement its existing home insurance offerings. By maintaining its commitment to transparency and social impact, Luko is poised to solidify its leadership in the European insurtech space, setting a new benchmark for how modern insurance companies interact with their policyholders.

See full Luko company page

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