Neodigital: Financing round and joint venture with HDI Insurance

Düssel­dorf — ARQIS advi­sed Neodi­gi­tal Versi­che­rung AG (“Neodi­gi­tal”) on the expan­sion of its Series D finan­cing round to include HDI Versi­che­rung AG (“HDI”) as a new inves­tor and part­ner in a newly formed joint venture.

Neodi­gi­tal enters into a joint venture with HDI for the deve­lo­p­ment of a common claims plat­form. In addi­tion to estab­li­shing the joint venture, Neodi­gi­tal was also able to attract HDI as an addi­tio­nal inves­tor. Neodi­gi­tal and HDI are thus pooling their exper­tise: Neodigital’s fully digi­tal, agile and highly auto­ma­ted process proces­sing comple­men­ted by the expe­ri­ence of one of Germany’s largest insu­rance compa­nies. On the one hand, the joint claims plat­form repres­ents an important step in HDI’s digi­tal trans­for­ma­tion process; on the other hand, the coope­ra­tion with one of the most important market leaders is another major mile­stone for Neodi­gi­tal in its still young company history.

The ARQIS team around Dr. Jörn-Chris­­tian Schulze alre­ady supported the first closing of the Series D finan­cing round at Neodi­gi­tal in Janu­ary this year and has been advi­sing the foun­ding inves­tors since their entry.

Advi­sors to Neodi­gi­tal Versi­che­rung AG: ARQIS (Düssel­dorf)
Dr. Jörn-Chris­­tian Schulze, Foto (v. Arqis) (Lead, Corporate/Venture Capi­tal), Marcus Noth­hel­fer (IP); Coun­sel: Jens Knip­ping (Tax); Mana­ging Asso­cia­tes: Benja­min Bandur, Kamil Flak, Dr. Nima Hanifi-Atash­­gah (all: Corporate/Venture Capi­tal), Nora Meyer-Stra­t­­mann (IP); Asso­cia­tes: Seve­rin Stef­fens (Inter­nal Management/Project Manage­ment), Dr. Maxi­mi­lian Back­haus, Chris­tos Chou­de­lou­dis, (all: Corporate/Venture Capi­tal), Jasmin Stucken­b­rock (Tax), Rolf Tichy (IP), Conrad Wiza (Corporate/Venture Capi­tal), Dr. Martina Beren­brin­ker (Labor Law); Legal Specia­lists: Hannah Potter (Corporate/Venture Capital)

About ARQIS
ARQIS is an inde­pen­dent busi­ness law firm opera­ting inter­na­tio­nally. The firm was foun­ded in 2006 in Düssel­dorf, Munich and Tokyo. Around 80 lawy­ers and legal specia­lists advise dome­stic and foreign compa­nies at the highest level on German and Japa­nese busi­ness law. With the focus groups Tran­sac­tions, HR.Law, Japan, Data.Law and Risk, the firm is geared towards provi­ding holi­stic advice to its clients. www.arqis.com.