Overview
evoli is a direct-to-consumer motor and home insurance carrier licensed in Sweden by Finansinspektionen, the Swedish Financial Supervisory Authority. Founded in 2019, the company distributes personal lines P&C products exclusively through its own digital platform, targeting Swedish consumers who prefer to purchase and manage insurance online without an agent or broker.
The company built a proprietary pricing engine and a modular product architecture that allows policyholders to configure coverage by selecting optional add-ons on top of a base policy. This approach to flexible coverage configuration was highlighted by its acquirer as a primary strategic asset. In March 2024, Sensor Försäkring -- a subsidiary of Söderberg & Partners, Sweden's largest insurance intermediary -- acquired evoli and its technology platform, integrating the carrier into one of Sweden's broadest distribution networks.
evoli raised USD 12.31M across two rounds prior to acquisition, including a Series A in October 2022 backed by Investissement Quebec, Panache Ventures, Desjardins Capital, Walter Ventures, and Telegraph Hill Group. Following the acquisition, the company operates as part of the Söderberg & Partners group.