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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 Extension (€4.0M, Oct 2025). Key investors include ["EquityPitcher Ventures","Start-up BW Innovation Fonds","MBG Baden-Württemberg","2bX","Styx Urban Investments","Better Ventures"].

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

["Gothaer (Primary risk carrier/underwriting partner)","Janitos (Insurance risk carrier)","Various smart home installation networks"]

Notable customers

["Gothaer (Risk Carrier Partner)","Janitos (Risk Carrier Partner)"]

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

Scaled to commercial rollout with proprietary hardware; secured risk carrier partnerships with Gothaer and Janitos.

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.

Official website: