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French Insurtech Startup Flitter Raises €3.5M for Disruptive Car Insurance Model
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French insurtech startup Flitter has raised €3.5 million in seed funding led by Swiss insurer Helvetia. The funding will be used to accelerate growth, increase the customer base, double the team size, and achieve profitability by the end of 2024. Flitter specializes in usage-based car insurance and offers a pay-by-mile plan.
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How does Flitter plan to maintain profitability once it reaches the target of 50,000 customers?
How does Flitter's usage-based model differ from traditional car insurance?
What factors contributed to Flitter's success in attracting 30,000 customers in 18 months?
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