Bitsurance rebrands as GmbH after securing first funding round for Bitcoin insurance expansion
Bitsurance, a provider of Bitcoin insurance solutions, has completed its first funding round and officially rebranded as Bitsurance GmbH. The company focuses on protecting self-custodied Bitcoin, offering coverage for hardware wallets, multisignature setups, and physical security risks.
The firm now operates under a GmbH structure, allowing it to expand its services. Plans include higher coverage limits, customised B2B insurance products, and growth beyond the DACH region. It also provides structured advice for businesses looking to securely store and insure their Bitcoin reserves.
The funding round was led by Alex von Frankenberg, the former managing director of High-Tech Gründerfonds (HTGF). Additional investors include Kristian Kläger (Portner Capital), Jeff Gallas (FULMO), Jochen Maaß, and Sebastian Schulz (Hanse Ventures). Bitsurance positions itself as one of Europe's first specialised providers of Bitcoin self-custody insurance.
The company is led by Christian Wind (CEO), Philipp Oehler, and Christian Rotzoll (CTO). Their focus remains on addressing risks tied to private key management and physical threats for Bitcoin holders.
With its new legal structure and fresh funding, Bitsurance GmbH aims to broaden its insurance offerings across Europe. The company's tailored solutions for corporate Bitcoin treasuries and self-custody protection are set to meet growing demand in the market.
