Baobab
formerly Baobab InsuranceIntegrated cyber insurance and risk mitigation for SMEs
Berlin, Germany · Founded 2021 · $29.4M raised
- Headquarters
- Berlin
- Employees
- 1–10
- Founded
- 2021
- Business Model
- B2B
- Website
- baobab.io
- Total Funding
- $29.4M
- Last Round
- $13.5M Series AJun 2025
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Baobab Insurance GmbH is a Berlin-based insurtech startup founded in 2021, operating as Germany's first integrated cyber insurance provider and risk mitigation platform for small and medium-sized enterprises. The company operates as a Managing General Agent (MGA) offering cyber insurance, e-crime insurance, and IT liability policies for technology and telecommunications companies in Germany, Austria, and Benelux. Baobab combines AI-native underwriting with active risk management services including phishing simulations and security awareness training, and has reportedly prevented over €10 million in losses for customers. Risk carriers include Zurich, ERGO, Liberty Specialty Markets, and Tokio Marine Kiln.
Summary
Baobab is a Cybersecurity company based in Berlin, Germany, founded in 2021. It has raised $29.4M in total across 5 rounds, most recently a $13.5M Series A round in Jun 2025. Investors include Viola FinTech, Augmentum Fintech and Project A Ventures.
Tech & App Stack
4 technologies & apps tracked
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Funding History
Jun 2025
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Funding: Pre-Seed through Series A. Amounts, valuations, and investors where available.
Investors
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