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French startup Orus raises €25M to fix Europe’s broken SMB insurance industry, one claim at a time

orus-team-paris
Picture credits: Orus

One late payment, one slow claim, one generic policy, this is what millions of European small businesses deal with every day. Orus wants to end that.

The Paris-based digital insurer just announced a €25 million Series B round, led by French early-stage venture capital firm Singular with support from Notion Capital and Redstone. The new funds will fuel Orus’s international expansion, starting with Spain, and power the launch of a broker platform designed to modernise how SMBs access insurance. Further, the French firm plans to double its team by 2026.

To date, Orus has raised a total of €41 million across three rounds including a €5M seed and €11M Series A (led by Notion Capital and Redstone in 2023). 

Founded in 2021 by Côme Dartiguenave, Tom Le Bras, and Samuel Rossille, Orus is now positioning itself as the go-to digital insurance partner for Europe’s 25 million SMBs – bringing speed, clarity, and automation to an industry stuck in analog mode. Before launching Orus, Dartiguenave spent five years on the other side of the table, as a venture capitalist at one of Europe’s leading VC firms, Partech.

“We wanted to fix what’s broken. Traditional insurers are great at high-intensity, high-value risk. But for millions of cafés, freelancers, and e-commerce founders? The system is painfully slow, opaque, and out of touch,” Dartiguenave tells TFN.

So, what’s different about Orus?

In just 18 months, Orus claims to have grown revenue 10x, covered 30,000+ small businesses and maintains a 4.9/5 Trustpilot rating. 

How? Orus is built for the real world. Its platform uses 300+ data points, from climate risk to financial health, to instantly assess risk and deliver custom, industry-specific coverage. Customers can get insured in under 5 minutes, and claims are resolved in days, not months.

“We’re not replacing brokers,” says Dartiguenave. “We’re empowering them. Insurance is about trust and technology should enhance that, not erase it.”

He further opines, “The first thing to understand about competition is that the digital competition in the SMB insurance space in Europe is actually very low. The players we compete with daily are mostly traditional legacy insurance carriers. As for digital players like Alan or Getsafe where Alan is focused on health insurance, not P&C (property and casualty), and Getsafe is primarily B2C-focused, not SMB. So, they aren’t addressing the same segment.”

“In the U.S., companies like Next Insurance did something similar to us but were acquired by Munich Re for $2 billion. That validates the model and shows the opportunity here in Europe.”

“What really differentiates Orus is our full-stack model, we co-create insurance products, underwrite, distribute, and handle claims ourselves. No one else is doing all of that in-house today. We also leverage technology end-to-end – from onboarding to claims – to simplify and scale B2B insurance in a way legacy players simply can’t.”

From Paris to Spain: The next phase of European expansion

With Spain already outperforming France, Orus is going big. The company plans to expand further across Europe in 2026, eyeing new markets and doubling its team to support the growth.

A key part of that expansion? The launch of a broker platform that blends Orus’s digital efficiency with real-world expert guidance. The hybrid model for the future of insurance distribution, where tech empowers – not replaces – trusted advisors.

Building the one-stop insurance shop for SMBs

Orus isn’t just about better forms or faster quotes –it’s building the backbone of Europe’s small business economy. With products like general liability, business owner’s policies, decennial liability, and health insurance, Orus is building the first truly comprehensive insurance platform for independents and SMBs.

With 2,500+ new customers joining every month, Orus is growing faster than any player in the space and doing it with a clear mission: Make insurance simple, scalable, and actually work for the people it’s supposed to protect.

On the investment, Henri Tilloy, Partner at Singular, commented in the press release: “Orus is not just building a great product, they are defining a new category in commercial insurance. It is the first digital platform we have seen that truly serves the full breadth of the SME landscape, from independent professionals to construction crews to retail shops or chains, with a solution that is both comprehensive and intuitive, with a quote ready in 3 minutes online. 

They are already adding thousands of new customers every month, growing faster than anything we have seen in the space, and this is only the beginning. This is a world-class team with a rare understanding of both the complexity and scale of the opportunity, and the ambition to reshape the industry. We are proud to be by their side.” 

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