Company · Insurtech

Tuio

tuio.com ↗ ·Madrid ·Series A

Tuio is a Madrid-based, 100% digital insurtech (operating as an MGA regulated by Spain's Dirección General de Seguros) that sells home, life, car and pet insurance online, with policies contracted in about a minute from a mobile and no fine print or lock-in. Founded in 2020-2021 by Juan García, Josemaría Lucas and Asís Pardo, it is B Corp certified and charges a fixed management fee, directing the remainder to claims and social causes. It raised €15M (~$16.7M) in equity and debt in September 2024 led by MassMutual Ventures with BlackRock joining, and management said at the time the company was close to profitability.

Founded
2020
Founders
3
News
1
Rounds
3
Investors
10
SectorsInsurtech, Fintech, Consumer, Digital Insurance Start-up MapInsurtech › D2C insurance products

Profile updated 5 Aug 2026

Founders

Asís Pardo Martín
Co-Founder
Josemaría Lucas
Co-Founder
Juan García
Co-Founder & CEO

Global models

No comparables on record yet.

Investors 10

Funding rounds 3

Series A · €15M
Madrid neo-insurer Tuio raised €15 million in a round co-led by MassMutual Ventures and BlackRock, with existing backers BAMCAP Ventures and…
2024-09-19
Seed · €3M
Tuio is a Spanish digital home insurer that launched in 2021. It closed a €3M second round led by the French fund Otium Capital, and investo…
2022-09-26
Seed · €450K
Digital home insurer selling monthly-subscription cover to homeowners and tenants closed its first round, €450K. Investors were Capital Cert…
2021-10-20

News & media 1

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