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Coya's founders and management board Sebastián Villarroel, Dr. Peter Hagen, Andrew Shaw, Laura Kauther and Thomas Münkel infront of the Coya Office in Berlin-Kreuzberg.

Peter Thiel’s investment firm is doubling down on a German insurance startup

Peter Thiel's Valar Ventures has led a $30 million funding round for Coya, a Berlin-based startup trying to build a digital insurance platform pitched at millennials.

Peter Thiel is backing Berlin ‘InsurTech’ startup Coya in a $10 million round

The investment, led by the PayPal cofounder's Valar Ventures fund, is one of the biggest 'seed funding' rounds in Germany.