Gründerszene Awards 2019
Insurance manager CLARK is the fastest-growing digital company in Germany
As part of a festive award ceremony in Berlin on November 28, the digital insurance manager CLARK received the Gründerszene Award 2019 as the fastest-growing digital company. The company intends to thank the start-up community with a donation.
Frankfurt am Main/Berlin, 29. November 2019:
Digital insurance manager CLARK has been awarded as the fastest-growing digital company in Germany in 2019. For the fifth time, Gründerszene, the online magazine for the digital economy, has honored CLARK as Germany's fastest-growing digital company with a growth score of 86.93 percent making it one of the most successful German startups in recent years. The ceremony took place on the evening of the 28th of November in Berlin. “We are very excited to be the growth winner for 2019”, said Christopher Oster, CEO and co-founder of CLARK. “Strong growth is only possible with a strong community. We therefore would like to thank all of our companions in the past four years: employees, investors, customers and partners.”
In four years 200,000 customers and almost 200 employees
Christopher Oster, Steffen Glomb, Marco Adelt and Chris Lodde founded CLARK in June 2015. The company is headquartered in Frankfurt am Main. Since its founding, the Frankfurt startup has won 200,000 customers. With the CLARK app, users have access to all the details of their insurance contracts in a digital overview and can receive advice on how they can improve their insurance situation.
International investors also believe in CLARK’s potential: In series A and B the startup received a funding of US$45m overall. Adam Felesky, President of Portag3, says “We are very excited to be a part of CLARK’s journey and seeing it emerge as a leading company in the digital insurance market in Europe with already 200,000 customers. We are committed to support CLARK delivering a best-in-class insurance solution to consumers.” Eric Martineau-Fortin, Managing Partner at White Star Capital adds that "CLARK has been able to successfully scale its business model to 200,000 consumers in an insurance market that is as complex as Germany. Looking at all the initiatives that are yet to be realized makes us confident that the team will be able to establish CLARK as a leader for all things insurance.”
CLARK employs almost 200 people at three locations in Germany. The online insurance broker wants to continue the growth internationally in 2020 by entering their first foreign market in Austria.
CLARK says thank you and supports young founders with donations
The company is taking the award as an opportunity to promote startup culture. “As a young startup it is extremely important to have a supportive environment – whether it be advisory or financial. We therefore want to support young founders,” explained Mr. Oster. CLARK has committed to donating €5,000 Euro to the STARTUP TEENS Network e.V., an association that supports entrepreneurship in Germany and promotes entrepreneurial thinking amongst students aged 14 to 19 years old. Social media users can increase this donation even further; with every tweet or repost with the hashtag #shareCLARK #CLARKsaysthankyou an additional €5 Euro will be added to the donation pool.
Find the tweet here: https://twitter.com/ClarkGermany
Find further information on STARTUP TEENS Netzwerk e.V.: www.startupteens.de.
About the Gründerszene Award: The Gründerszene Award has been presented since 2015. The growth ranking accepts applications from German startups with a digital business model and a minimum turnover of €10,000 in the first three financial years. The calculation of the growth score includes the age of the company as well as the net sales of the last three full financial years, which must be substantiated by the annual financial statements. The calculation was carried out by the auditing and consulting firm KPMG.
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Der führende Versicherungsmanager CLARK bietet seinen Nutzer:innen die Möglichkeit, ihre Versicherungen digital zu verwalten, zu vergleichen und zu verbessern. Mehr als 400.000 Kund:innen nutzen bereits CLARKs intelligente Algorithmen und individuelle Beratung der Versicherungsexpert:innen. CLARK wurde im Juni 2015 von Dr. Christopher Oster, Steffen Glomb, Dr. Marco Adelt und Chris Lodde gegründet. Das Insurtech beschäftigt an den vier Unternehmensstandorten Frankfurt am Main, Berlin, Püttlingen und Wien insgesamt über 300 Mitarbeiter:innen.