Clark’s €69 Million Series C Funding Round

Hengeler Mueller advised Tencent on the transaction.

Tencent Holdings Ltd., a leading Chinese technology company, together with other co-investors has invested in Frankfurt-based insurtech startup Clark. As part of the Series C funding round the company raised a total of 69 million euros.

Clark is an insurance platform providing transparent, cheap and comprehensive insurance cover.

Tencent is an Internet-based platform company using technology to enrich the lives of Internet users

and assist the digital upgrade of enterprises. The Company, through its subsidiaries, provides social networking, music, web portals, e-commerce, mobile games, Internet services, payment systems, entertainment, artificial intelligence, and technology solutions.

The Hengeler Mueller team was led by Jens Wenzel (Picture) and included Markus Ernst, Hendrik Bockenheimer, Jan Bonhage, Carl-Philipp Eberlein, Matthias Berberich, Ingo Berner, Alexander Orlowski, Erasmus Hoffmann, Marius Mayer, Marvin Geisler, Jan Krusche and Helene Gounalakis.

Involved fees earner: Matthias Berberich – Hengeler Mueller; Ingo Berner – Hengeler Mueller; Hendrik Bockenheimer – Hengeler Mueller; Jan Bonhage – Hengeler Mueller; Carl-Philipp Eberlein – Hengeler Mueller; Markus Ernst – Hengeler Mueller; Marvin Geisler – Hengeler Mueller; Helene Gounalakis – Hengeler Mueller; Erasmus Hoffmann – Hengeler Mueller; Jan Krusche – Hengeler Mueller; Marius Mayer – Hengeler Mueller; Alexander Orlowski – Hengeler Mueller; Jens Wenzel – Hengeler Mueller;

Law Firms: Hengeler Mueller;

Clients: Tencent Holdings Inc.;