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A insurance company for luxury goods, Fintech collective and SpeedInvest in the seed tour in the seed tour of 6.4 million dollars (5.9 million euros).
The insurance company for luxury goods works with luxury brands to protect the purchased goods purchased in Grace. If an item has been stolen or damaged, a consumer can create a claim through Grace application. Grace application for brand also provides fraud detection, claim processing and logistics coordination.
Although the company refused to share his name, he confirmed that he was working with at least one major luxury brand in Europe.
He said the company started this company after seeing how unproving the company, especially when the company, GRACE’s CEO and Martin Lenweiter, CEO and Martin Lenweiter, QRACE’s CEO and Martin Lenweiter.
“There was a clear space when the promises of luxury brands between the levels of service and something happened when something was wrong,” Dana said.
Number of stolen luxury goods Only about has increased three times in the past few years, and it happens costs for fashion homes to keep up with. Grace said that Chubb is already working with a world leader in the field of insurance, working to manage and provide services.
However, there were always the easiest tasks to complete the new technology of luxury houses. Roy said the brands were what happened after the sale, especially the mistake. “We did not offer protection only,” said Roy said about the pitch of the company. “We helped raise their brands.”
There are other types of insurance companies for consumer goods such as zing cover, it also provides specialist insurance for luxury goods. Roy said grace did not compete with only one company, because it stops in the protection of installed insurance, luxury services and post-purchases. BOOK, BPIFRANCE and Firstminute Captyut attended the period of all.
Dana said that fresh capital will be used to help the company’s scale in Europe and employ more people in product engineering. He hopes to cover more than 200,000 luxury items by the end of this year.
