French insurtech company Orus has raised €5 million in funding from Frst, Partech, Portage Ventures and around twenty angel investors, including Pierre-Olivier Desaulle (ex-CEO of Hiscox Europe), Raphaël Vullierme (CEO of Luko), Christophe Triquet (ex-founder of MeilleureAssurance) and Arthur Waller (CEO of Pennylane). This first round of funding will enable the startup to accelerate its commercial development and launch new products.
Founded in 2021 by Côme Dartiguenave, Tom Le Bras, and Samuel Rossille, Orus aims to solve the complexity of professional insurance for small business. As Covid demonstrated that isn’t easy and Orus have chosen the restaurant trade as its first proving ground. The policies are flexible and can be upgraded or amended by the end user, to help the business grow.