Cleverea, S.L.

Cleverea, S. L. is a digital insurance provider specializing in a range of insurance products and home services, offering customers a seamless experience through a dedicated mobile application. Founded in 2019 in Barcelona, Spain, Cleverea operates as a digital insurance provider focused on delivering convenient insurance solutions.

The company was co-founded by Alvaro Perez, Javier Liarte, and Joan Liarte, who aimed to modernize the insurance experience. Cleverea successfully raised EUR 5 million in its SEED funding round led by Stride on November 8, 2021, which marks the company's second deal. Cleverea offers a comprehensive suite of insurance products including car, home, and health insurance, along with mobility insurance options for bikes and scooters. The mobile application facilitates easy management of policies, claims reporting, and customer service access, catering primarily to individual consumers seeking efficient and transparent insurance solutions.

In the most recent year, Cleverea reported a revenue of EUR 475. 3 mn. The company's financial performance was impacted by an EBITDA of EUR -669,524. 7 in 2020, reflecting the transition and establishment of its business model.

Following the recent SEED funding, Cleverea plans to utilize the EUR 5 million raised to launch new products and accelerate its growth trajectory. Specific strategies include expanding its product offerings and entering new market segments, although specific new products or regions have not yet been disclosed. The company is positioned to benefit from the expertise of board members Oscar Pierre and Cleo Sham from Stride, which may aid in steering Cleverea's strategic growth initiatives.