Enzo

Enzo is a direct-to-consumer and B2B2C building insurance carrier based in Heidelberg, Germany, offering digital residential property insurance integrated with proprietary IoT leak-detection hardware. The company focuses on a single high-cost category in residential insurance: water damage, which accounts for over EUR 5 billion in annual losses in Germany alone. Enzo operates its core insurance entity as SafeHome GmbH and distributes coverage in partnership with established European carriers including Alte Leipziger, Rheinland Versicherungen, Generali, INTER Versicherungsgruppe, GEV, Hiscox, and BarmeniaGothaer.

The company combines its one.drop IoT sensor -- a non-invasive device attached to main water supply lines -- with an AI-driven monitoring platform that detects micro-leaks in real time before they escalate into claims. Sensor data feeds a cloud-based anomaly detection engine built on Google Cloud with React, TypeScript, and open-source ML tooling that analyzes water consumption patterns, temperature data, and historical baselines. Insurer partners receive real-time dashboards tracking incidents, claim savings, water consumption, and CO2 impact. The company reports a 70% reduction in water damage costs for partner portfolios and targets a 2-4x ROI for carriers within 12 months.

Enzo was founded in 2021 by Sascha Wolf and Marvin Follmann and has raised EUR 6.2M to date across a EUR 2.2M seed round and a EUR 4M seed extension closed in October 2025. Investors include EquityPitcher Ventures, Startup BW Innovation Fund, MBG BW, Silence VC, and better ventures. The company had approximately 31 employees as of mid-2026 and is preparing for international expansion beyond the German market.