Bitsurance Secures Funding and Rebrands to Expand Bitcoin Insurance Coverage
Bitsurance, a specialist in Bitcoin insurance, has completed its first funding round and rebranded as Bitsurance GmbH. The company now plans to expand its services, offering higher coverage limits and tailored products for businesses holding Bitcoin in self-custody.
The funding round was led by Alex von Frankenberg, the former managing director of High-Tech Gründerfonds (HTGF). Other investors include Kristian Kläger of Portner Capital, Jeff Gallas from FULMO, Jochen Maaß, and Sebastian Schulz of Hanse Ventures. This financial backing supports the company's shift to a GmbH structure, enabling broader geographic expansion beyond the DACH region.
Bitsurance focuses on insuring Bitcoin stored in self-custody, protecting hardware wallets and covering risks like physical theft or damage. The firm also provides structured guidance for companies managing corporate Bitcoin treasuries. With its new structure, it aims to introduce higher coverage limits and customised B2B insurance solutions.
The leadership team consists of Christian Wind (CEO), founder of SEEDOR, Philipp Oehler, and Christian Rotzoll as CTO. The company positions itself as one of Europe's first specialised providers for Bitcoin self-custody insurance.
The rebranding and funding will allow Bitsurance to grow its market presence and refine its product offerings. Businesses holding Bitcoin in self-custody now have access to expanded insurance options, including higher coverage and tailored protection plans. The move marks a step toward broader adoption of secure Bitcoin storage solutions in Europe.
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