Wopta Assicurazioni closes €5M hybrid funding round

What's the deal? Wopta Assicurazioni, an Italian insurtech that provides insurance for families, businesses, and professionals, has closed a €5 million hybrid funding round. The raise brings Wopta's total funding since 2022 to over €20 million and values the company at more than €100 million.

The signal: Wopta positions itself as Italy's first "phygital" insurtech, blending digital and physical distribution to serve artisans, SMEs, and freelancers — a segment traditional insurers have historically underserved. Crossing the €100 million valuation mark at the early growth stage suggests the hybrid model is resonating with investors who see room to modernise small-business insurance across southern Europe.

Read more: insurtechnews.com