Amsterdam’s Endeit Capital Leads €20M Funding Round For Stockholm-Based Eir Insurance

Amsterdam-based Endeit Capital is a growth capital firm driving the international expansion and innovation of European tech scale-ups.

With AI as a unifying focus, Endeit invests across five segments: Future of Work, Fintech, Sales Enablement, Supply Chain & Procurement, and Climate Tech.

“Eir stands out in the European embedded insurtech space for its fully digital technology, agile product development, and its rapidly expanding partner network. We believe Eir is uniquely positioned to redefine how insurance is delivered and managed for both partners and customers. We are proud to support Eir on this next phase of Pan-European growth and look forward to our journey together,” says Jonne de Leeuw, Partner at Endeit.

The new funding will enable Eir Insurance to expand into new markets, enhance technical integrations, and strengthen its financial position for future partnerships with distributors and reinsurers.

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Founded in 2019, Eir is a licensed B2B2X white-label insurance provider offering fully digital solutions for retail clients and SMEs. The company leverages automated processes, open APIs, and AI to deliver flexible products, improve risk selection, and streamline claims.

Eir’s platform provides automated claims, flexible terms, and transparent service, allowing partners to maintain ownership of their customer relationships while entering markets quickly and efficiently.

The company has achieved over SEK 1,000 million in gross written premiums, a 73% increase year-on-year, reflecting its focus on careful risk management and steady growth.

Eir currently operates in Sweden, Denmark, Norway, Finland, Germany, Greece, France, Italy, Spain, and the Netherlands, and holds cross-border licenses in Cyprus, the Czech Republic, Austria, Ireland, Belgium, and Portugal.

Torgrim Lien, Founder & CEO of Eir, states, “This investment is a testament to the value of our digital-first strategy and partnership model. Our mission is to make insurance simpler, more transparent, and more accessible across Europe empowering our partners and customers with best-in-class technology and flexible solutions. With our strong capital base and committed team, we look forward to deepening collaborations across our growing partner and reinsurance ecosystem.”

About Endeit Capital

Founded in 2006, Endeit Capital is a growth capital firm supporting European tech scale-ups for nearly two decades. It drives international expansion and innovation across sectors like AI, Fintech, Future of Work, Sales Enablement, Supply Chain and Climate Tech, helping companies scale and achieve long-term growth.