Berlin-based ELEMENT, an insurtech startup that offers custom-made, white-label product solutions for digital insurance, announced on Friday that it has raised €21.4M in a Series B round of funding. The company’s total funding now amounts to €88M.
The investment was led by the Versorgungswerk Zahnärztekammer Berlin (VZB). Alma Mundi, Witan Group and Ilavska Vuillermoz Capital also participated in this round.