The latest round was led by Belluzzo International Partners, reinforcing the company’s growth trajectory as it expands its footprint in Italy and beyond.
Founded in 2021, Wopta specializes in providing tailored insurance solutions for businesses and professionals. The company currently serves over 200,000 customers and collaborates with 2,500 intermediaries. It has also forged strategic partnerships with major industry players, including CNA, BeProf, HYPE, Banca Sella, and Switcho.
According to Founder & CEO Vincenzo Macaione, 2024 has been a pivotal year for Wopta, marked by key partnerships and international expansion. “We have successfully navigated challenges and seized opportunities that allowed us to grow and gain the trust of our customers, partners, and new investors. Earlier this year, we closed a €4.1 million Series A round, and now another Club Deal led by Belluzzo International Partners has joined our capital with an additional €4 million,” Macaione said.
Looking ahead, Wopta is setting ambitious targets with the launch of a Series B funding round of up to €50 million. The company aims to use the funds to acquire synergistic industrial partners, bolster its presence in Italy, and expand operations into new European markets. The move follows Wopta’s recent regulatory approval from IVASS to operate in France and Spain.
“This funding will allow us to scale our business model across new channels and product lines,” Macaione added, signaling a bold new phase of growth for the company.