The Zug-based startup Jarowa has secured 12.4 million Swiss francs in a series A funding round according to a press release. The round was led by the venture capital company Eos Venture Partners from London. Furthermore, moyreal holding AG from Sarnen in the Swiss canton of Obwalden, Helvetic Trust AG from Zurich, and a Zurich Family Office made investments.
Jarowa operates a platform for damage management services. It is primarily aimed at insurance, real estate, and leasing companies. The services specified include the areas of mobility, property and trades, healthcare, and legal advice. In the event of damage, insurance cover is automatically checked and a suitable service provider is selected. The claim settling is processed digitally for all parties involved.
Jarowa plans to use the funds to develop its presence in Europe according to a comment from CEO Andreas Akeret in the press release. The startup’s platform is currently accessible for companies from Switzerland, Germany, Italy, and the UK.
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