Osborne Clarke advised Redstone on its investment in the French insurance startup Orus, which raised EUR 25 million in a Series B funding round to enhance its market entry and develop a new broker platform.
Target Information
Orus, founded in 2021 by Côme Dartiguenave (CEO), Tom Le Bras (COO), and Samuel Rossille (CTO) in Paris, is an innovative insurance startup that specializes in providing tailored insurance solutions for small and medium-sized enterprises (SMEs). The company harnesses technology to deliver customer-centric, simple, and transparent insurance products that meet the unique needs of SMEs.
Recently, Orus successfully completed a Series B funding round, raising EUR 25 million. This funding was led by Singular, with ongoing participation from existing investors Redstone and Notion Capital. With this capital infusion, Orus aims to accelerate its international market entry, starting with Spain, and to launch a new broker platform.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in France
The insurance industry in France is one of the largest in Europe, characterized by a diverse range of providers and a strong regulatory framework. The sector serves various markets, including individual consumers a
Similar Deals
Redstone
invested in
Orus
in
in a Series B deal
Disclosed details
Transaction Size: $27M