Serbian-Hungarian insurance startup becomes Europe's next unicorn

HU · Szerb-magyar biztosítási startup lett Európa következő unikornisa

Serbian-Hungarian insurance startup Ominimo has closed a $22.5 million Series B round led by the EBRD, achieving a valuation of $1.6 billion.

Serbian-Hungarian insurance startup becomes Europe's next unicorn

Vezetői összefoglaló (AI)

  • Founded in 2024 by three former McKinsey consultants and mathematicians - Dusan Komar, Dennis Weinbender and Laslo Horvath - Ominimo is a Budapest-based company developing an AI-powered insurance platform, primarily for motor insurance risk assessment, pricing and underwriting.
  • The platform analyzes more driver and vehicle data than traditional insurers to offer more personalized insurance; quotes are produced in minutes and the system automates manual operations.
  • The startup’s annual gross written premium revenue has grown more than elevenfold in two years to around €306 million. It has nearly one million customers in Hungary, Poland, the Netherlands and Sweden, while carrying out significant engineering, data analytics and technical development in Serbia.
  • After an $11 million Series A led by Zurich Insurance Group in 2025, Ominimo closed a $22.5 million Series B led by the EBRD’s venture capital arm, raising its valuation to $1.6 billion and making it a unicorn.
  • The startup plans to use the new capital to expand further in Europe, enter the US market next year, obtain its own insurance license, develop new products and grow its team from 130 to 150 people.
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