January 30, 2020 Press

SMP advises Project A Ventures on Gabi's 27 million USD financing round

Berlin - Schnittker Möllmann Partners (SMP) has advised the Berlin VC Project A Ventures on Gabi's recent 27 million USD financing round. The financing round is led by Mubadala Capital.

Gabi combines the classic insurance broker model with technology. Gabi's platform compares the customer's current policies with the corresponding policies from a network of over 40 insurance providers. In this way, customers benefit from price and time savings. The company intends to use the capital infusion for further expanding the team and advancing the product.

The advising team at SMP included Frederik Gärtner and Peter Möllmann.