French startup raises €25 million to become Europeʼs one-stop shop for SMB insurance

Orus, the Paris-based digital insurer specialising in tailored insurance for independents and SMBs, today announced a €25 million Series B funding round to fuel international roll-out, beginning with Spain, and the launch of a new broker platform built to modernise the SMB insurance distribution model.

The round was led by Singular, with participation from existing investors Notion Capital and Redstone.

“The SMB insurance sector is still dominated by legacy players offering opaque products, slow onboarding, poor customer service, and cumbersome claims processing,ˮ said Côme Dartiguenave, CEO of Orus. “Orus leverages technology to provide simple, and transparent insurance solutions tailored precisely to the needs of small businesses.ˮ

Founded in 2021 by Côme Dartiguenave (CEO), Tom Le Bras (COO), and Samuel Rossille (CTO), Orus offers a comprehensive range of tailored online insurance products (general liability, business ownersʼ policy, decennial liability insurance and health insurance). The company currently has 70-person team and acquires more than 2,500 new clients each month.

To date, Orus has raised €41 million across three funding rounds, including a €5 million seed round in 2022, a €11 million Series A in October 2023, and this €25 million Series B led by Singular.

For Europe’s 25 million SMBs, insurance remains outdated and frustrating. Orus was founded to address that by offering a fast, customer-first alternative that simplifies the complexity and inefficiencies traditionally associated with business insurance.

In just 18 months since its Series A, Orus has grown revenue 10x and now protects over 30,000 businesses across Europe.

Henri Tilloy, Partner at Singular, commented: “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.ˮ

Orus’ platform leverages proprietary algorithms and over 300 data points, from financial health to climate risk and behavioral trends, to assess risk and offer personalised coverage. This insight allegedly allows the company to better underwrite complex products like decennial liability and business owner protection insurance.

Building on this capability, Orus provides industry-specific coverage designed to match each businessʼs unique risks. The onboarding process can reportedly be completed in under 5 minutes, compared to the 2 or more weeks typical of traditional insurers.

At the same time, Orus dedicates operational resources to claims management and loss ratio monitoring with a hands-on approach, leveraging advanced tools to closely track fraud exposure, detect trends early, and take proactive measures when needed.

Spain marks Orusʼs first step in its pan-European growth strategy. Early results in Spain have apparently already exceeded initial traction in France, validating Orusʼ product-market fit beyond its home base. Building on this momentum, Orus is considering entering additional European markets starting in 2026.

Alongside its direct-to-business model, Orus is unveiling a new cutting-edge broker platform. This new channel enables trusted intermediaries to quote, customise, and manage Orusʼs digital-first insurance products, streamlining the sales process.

“Brokers are a cornerstone of the SMB insurance landscape,ˮ said Dartiguenave. “Our new platform combines the speed and intelligence of​ our technology with brokersʼ trusted expertise, allowing them to serve clients faster and with a seamless digital experience.ˮ

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