Enzo
Category: AI in Fintech
A proactive Insurtech MGA and IoT platform that combines proprietary smart water sensors with AI-driven analytics to offer 'prevention-first' residential building insurance. Enzo was founded in 2021. The company is led by Sascha Wolf. Based in Heidelberg, Germany. Team size: 10-50. Total funding raised: €6.2M. Latest round: Seed. Key investors include EquityPitcher Ventures, Start-up BW Innovation Fonds, MBG Baden-Württemberg, 2bX, Styx Urban Investments, Better Ventures, Silence VC.
- Founded
- 2021
- Headquarters
- Heidelberg, Germany
- Team size
- 10-50
- Total funding
- €6.2M
Value proposition
Transforms insurance from a reactive 'repair and pay' model to a proactive 'predict and prevent' service. It reduces costly water damage claims by detecting micro-leaks early and lowers insurance premiums for proactive users.
Products and solutions
one.drop (Smart IoT Water Sensor), Enzo Mobile App (Real-time monitoring & alerts), Smart Residential Building Insurance (Digital policy bundled with hardware), Water Management Dashboard (For landlords/property managers)
Unique value
Unlike traditional water guards that require professional pipe cutting, Enzo's solution is non-invasive and retrofittable in minutes. It uses AI to 'fingerprint' water flow, distinguishing between normal consumption and anomalies.
Target customer
Residential property owners, landlords, property management companies, and insurance carriers (B2B2C)
Industries served
Insurtech, Proptech (Property Technology), IoT (Internet of Things), Real Estate Management
Technology advantage
Operates as a Managing General Agent (MGA), allowing them to control the entire customer experience—from hardware installation to claims processing—while leveraging the balance sheets of established risk carriers. The hardware claims 40x higher precision.
How they differentiate
Vertical integration of proprietary non-invasive IoT hardware (one.drop) with an MGA insurance product, enabling a 'predict and prevent' model unlike pure hardware or pure insurance players.
Main competitors
LeakBot (Ondo InsurTech), Grohe Sense, Getsafe
Key partnerships
BarmeniaGothaer, Alte Leipziger, INTER, Hiscox, SV SparkassenVersicherung, Janitos
Notable customers
BarmeniaGothaer, Alte Leipziger, INTER, Hiscox, SV SparkassenVersicherung, Janitos
Major milestones
Founded in 2021 by Sascha Wolf and Marvin Follmann, Launched proprietary 'one.drop' retrofittable water sensor, Secured €4M Seed Extension in Oct 2025 to scale hardware and MGA operations
Growth metrics
Commercial rollout of one.drop IoT + AI platform; multi-insurer partnerships (BarmeniaGothaer, Alte Leipziger, INTER, Hiscox, SV SparkassenVersicherung); total Seed funding €6.2M.
Market positioning
Proactive Smart Home Insurtech MGA
Geographic focus
Germany (DACH), Europe
Patents and IP
Proprietary, patented sensor technology (referenced in 2025 funding announcements regarding the 'one.drop' sensor)
About Sascha Wolf
Sascha Wolf is the Founder & CEO of Enzo. He previously served as Managing Director at medneo Schweiz AG and was the Chief Product Officer (CPO) at the insurtech unicorn Getsafe. He also holds experience as Head of Strategic Sales & Business Development.
Latest news about Enzo
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Official website: https://www.heyenzo.com