Julian Teicke (10 October 1986 in Berlin, Germany) is a German businessman and founder & was CEO of wefox. He is also an investor and board member of several European tech startups.[1]

Julian Teicke
Born10 October 1986
Berlin, Germany
Alma materUniversity of St. Gallen
OccupationFounder & CEO
Organizationwefox

He has been bestowed with the "40 under 40" award by Capital Magazine and is a columnist at Forbes Magazine.[2] [3]

Education

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Teicke graduated from the John F. Kennedy School in Berlin, Germany. Afterwards, he moved to Switzerland, where he graduated with a Business Administration at the University of St. Gallen in 2010.[4] In 2020 he was awarded with the "Founder of the Year" Award of the University of St. Gallen.[5]

Career

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In 2009, Teicke played an active role in starting up the UK branch of Chocri, a chocolate company based in Berlin.[6] He later joined Groupon where he headed up the European sales operation.[7][8] In 2010 he joined the e-commerce platform DeinDeal in Switzerland.[9][10] Julian Teicke has been honored with the title of Swiss e-Commerce Champion and received the Swiss e-Commerce award for two consecutive years, in 2013 and 2014.[11][12]

Teicke served as the DeinDeal's COO until it was sold to media publisher Ringier for an undisclosed sum in 2015.[13][4]

In 2015, Teicke founded FinanceFox, a company that initially offered customers the ability to manage their insurance contracts online.[14][15] In the following years, the company received permission to sell insurance products and rebranded as wefox.[16] Since its launch in 2015, wefox has doubled its yearly revenues, reaching $580 million in 2022, and serving more than 3 million customers across Austria, Germany, Italy, Poland, The Netherlands, and Switzerland.[17] wefox was the fastest European fintech to ever reach $1bn valuation and in 2022 had a valuation of $4.5bn. [18] [19]

Board and advisory role

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Since 2015, Julian Teicke has been a Founder and Partner & Non-Executive Chairman at The Delta. The Delta has incubated wefox and has since incubated and invested in more than 50 ventures. Julian Teicke is founding angel and Non-Executive board member of several The Delta portfolio companies. [20]

Criticism

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In 2023 Julian Teicke and wefox were criticised by media outlets for their aggressive acquisition strategy and that the acquired companies did not yet fully adopt wefox technology. [21][22]

Volunteering

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In April 2020, Teicke founded Healthy Together (a non-profit European tech alliance) by supporting the design and launch of the Corona-Warn-App.[23][24][25] After this he co-founded Luca App, which belongs to the most successful apps in Germany with more than 40 million downloads.[26]

Teicke is also a board member of the Jewish Museum of Berlin.[27][28]

References

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  1. ^ "10 Things You Didn't Know About Julian Teicke". Money Inc. Retrieved 2023-05-22.
  2. ^ "Julian Teicke". Forbes. Retrieved 2023-08-06.
  3. ^ "Das sind die 500 reichsten Deutschen". Manager Magazin (in German). Retrieved 2023-05-22.
  4. ^ a b "Rising star: Julian Teicke". insurtechdigital.com. 2021-07-02. Retrieved 2023-05-22.
  5. ^ "HSG Founder of the Year 2020 - Julian Teicke, Wefox". Unisg. Retrieved 2023-07-22.
  6. ^ jirehl (2020-11-30). "The Top 25 InsurTech Executives Of 2020 | The Financial Technology Report". Retrieved 2023-05-22.
  7. ^ "Julian Teicke – FinTech Investor Forum". Retrieved 2023-05-22.
  8. ^ "Wefox-Gründer: "Ich habe mir zum Ziel gesetzt, der beste Fundraiser der Welt zu werden"". Daily (in German). Retrieved 2023-05-22.
  9. ^ gruenderszene (2012-08-08). "Gründerszene Frischlingsfragen". Business Insider (in German). Retrieved 2023-05-22.
  10. ^ "Swiss Startup Mafia Map by Swisspreneur". www.swisspreneur.org. Retrieved 2023-07-25.
  11. ^ Lee, Allen (2021-06-05). "10 Things You Didn't Know About Julian Teicke". Money Inc. Retrieved 2023-05-22.
  12. ^ "Julian Teicke | Speaking at Europe's Largest Insurtech Conference". Insurtech Insights Europe. Retrieved 2023-05-22.
  13. ^ Banham, Russ (2022-10-27). "Leading in an Industry He Once Shunned, wefox CEO Aims to Make Insurance Fast and Simple". Carrier Management. Retrieved 2023-05-22.
  14. ^ Fromme, Herbert (2016-09-20). "Millionen für Versicherungs-Angreifer". Süddeutsche.de (in German). Retrieved 2023-05-22.
  15. ^ Browne, Ryan (2021-11-17). "Start-up founder predicts a shakeup in Germany's blue-chip DAX index, with tech taking over by 2030". CNBC. Retrieved 2023-05-22.
  16. ^ Ben-Hutta, Shefi (2017-03-02). "Financefox rebrands as Wefox". Coverager - Insurance news and insights. Retrieved 2023-05-22.
  17. ^ "wefox Continues to Expand and Launches in Italy". www.businesswire.com. 2018-08-06. Retrieved 2023-05-22.
  18. ^ "Wefox grabs $400M at $4.5B valuation to buck the insurtech downturn trend". techcrunch.com. Retrieved 2023-07-26.
  19. ^ "The 10 fastest fintechs to reach billion dollar valuations". sifted.com. Retrieved 2023-07-26.
  20. ^ "Julian Teicke - Founder, Board Member & CEO @ wefox Group". Beinsure — Insurance, InsurTech & Crypto Insights. Retrieved 2023-05-22.
  21. ^ Schlenk, Caspar (2023-01-20). "MAusgefuchst – Wefox und seine aggressiven Zukaufpläne". financefwd.de (in German). Retrieved 2023-07-27.
  22. ^ Rest, Jonas (2023-01-17). "Wefox: Julian Teicke hat die Bewertung vom Start-up mit fragwürdigen Deals und Tricks gepusht". Manager Magazin (in German). Retrieved 2023-07-27.
  23. ^ "Zwischen Policen, Maklern und einer App: Wie ein Versicherungs-Start-up gegen Corona kämpft". Der Tagesspiegel Online (in German). ISSN 1865-2263. Retrieved 2023-05-23.
  24. ^ Müller, Heidi (2020-06-16). "Corona App: meine Daten gehören mir GSG Berlin". GSG Berlin (in German). Retrieved 2023-05-23.
  25. ^ "German tech startups plead for European approach to corona tracing app". Reuters. 2020-04-14. Retrieved 2023-05-22.
  26. ^ "Once the Covid tracker of choice for Germany, luca now shifts to address a growing demand in the payments sector with luca pay". Retrieved 2023-07-18.
  27. ^ "Julian Teicke | Speaking at Europe's Largest Insurtech Conference". Insurtech Insights Europe. Retrieved 2023-05-22.
  28. ^ "Reflect, Learn and Grow". podcast.sure.ventures. Retrieved 2023-05-22.