Overview
Founded in 2017 in Ghent by Arvid De Coster (CEO), Bjorn Vuylsteker (CTO), and Remi Wildschut (CFO), WeGroup targets the insurance broker channel rather than going direct-to-consumer. The company's thesis is that brokers are the enduring intermediary in the Belgian insurance market, but they need modern software to compete in an increasingly digital environment.
The core product is a quoting and advisory platform that streamlines the broker workflow: risk analysis, document management, product comparison across carriers, and client communication. Louise, WeGroup's AI virtual assistant, operates 24/7 and automates much of the client intake and product matching process, allowing brokers to spend more time on relationship-driven work.
WeGroup raised a pre-seed round of EUR 1.5M in 2018-2019 supported by imec.istart (the Flemish tech accelerator), PMV, and the Belgian government. A EUR 3M late seed round followed from Seederfund and a Paris-based VC. Total funding is approximately EUR 6M across four rounds. The company's most recent disclosed raise was a $3.54M Series A in August 2020.
Funding & milestones
1 events found for WeGroup · 2019
Mixed financing1 sourceEUR 1.5M
Reported amount EUR 1,500,000
€1.5m financing package, including the earlier €650k seed phase. More than half consists of grants and loans; no equity subtotal is disclosed.
Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.
Profile narrative
- Pre-seed, EUR 1.5M (2019): imec.istart, PMV, Belgian government
- Late seed, EUR 3M: Seederfund, Paris-based VC
- Series A, $3.54M (August 2020)
- Total approximately EUR 6M across 4 rounds
Key people
In the news
Alumni 2 went on to found or lead
Robin PraetAI Engineer→Co-Founder at Holmes
Bjorn VuylstekerCTO and Co-Founder→Creative Partner | Photo- and Videographer at OFFPATH Creative Studio
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