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Embea Raises €4M in Seed Funding

Berlin-based insurtech Embea has raised €4m ($4.8m) in a seed funding round led by Atlantic Labs, with participation from Jamie Hale, Daniel Khachab and Michael Cassau. Embea offers an embedded life insurance platform for digital banks and fintech companies, enabling them to expand their offerings and create an additional revenue stream. The fresh funding will be used to expand the firm's pan-European platform and add new insurance products to its portfolio. Embea aims to make life insurance more accessible to underserved groups while helping its partners generate additional income.

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