Warsaw-based insurtech Trasti has raised €20.7 million in equity financing from the European Bank for Reconstruction and Development (EBRD) and Slovenian insurance and financial group Triglav Group, marking the largest insurtech investment to date in Poland and Central and Eastern Europe.
- Founded in 2020, Trasti is building a fully digital insurance platform that distributes and underwrites motor insurance products from Triglav. The company’s end-to-end solution enables customers to receive a premium quote in under 10 seconds and complete the entire insurance process — from purchase to claims — online.
- Trasti’s business model combines advanced tech infrastructure with a lean operational approach. Its flagship offering is already live in the Polish market, where it has rapidly scaled distribution due to its speed, user experience, and flexibility in integration with partners.
Details of the deal
- The joint equity round was structured at PLN 88.1 million (approximately €20.7 million) and will be used to fuel Trasti’s next stage of growth. The funds will support the expansion of its product offering into the property and casualty space, strengthen underwriting capabilities, and improve its core tech platform and operational efficiency.
- Movens Capital, which backed Trasti in 2024, remains a committed investor in Trasti and will continue supporting the company on its growth journey.
