Feather secures €6M to expand its insurance platform for expats across Europe
As a foreigner, navigating health insurance systems can often be difficult. German startup Feather thinks it has a solution and raised €6 million to help some of the 40-plus million expats working and living in Europe.
While there are many options for foreign nationals to get insurance, the offer is often fragmented and hard to match with individual needs. Feather believes it can carve out a space for itself despite heavy competition from incumbents by addressing this issue.
Expats often have access to the public health system of their host country, but determining where they fall into that system, especially during transition periods that are increasingly common with the rise of remote work, can be challenging. Feather aims to address this with a high level of detail.
Feather CEO Rob Schumacher told TechCrunch that the startup provides a recommendation tool to help individuals understand what kind of coverage they might need. This starts with health insurance but also includes additional options such as life, pet, automotive, and personal liability insurance.
Feather’s approach aims to simplify the process for expats by offering personalized recommendations and a seamless experience, helping them navigate the complexities of insurance in their host countries.