Genki

Genki

Worldwide health insurance via subscription platform

Overview

Genki offers worldwide health insurance for digital nomads, expatriates, and long-term travelers through two plans: Genki Traveler for short- to mid-term trips with worldwide coverage and no deductible (USA/Canada can be excluded to lower price), and Genki Native for long-term international coverage that can replace national plans and includes preventive care, dental, vision, mental health, and maternity. It acts as an insurance intermediary, partnering with underwriters such as Allianz, DR-WALTER, and Barmenia, while handling signup, management, and claims online. Plans are subscription-based with monthly payments and can be canceled anytime, with coverage that can be customized by destination. Genki targets the globally mobile population by offering a fully online, easy-to-use experience and reliable international coverage, aiming to simplify healthcare abroad for travelers and expatriates.

About Genki

Simplify's Rating
Why Genki is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Financial Services

Healthcare

Company Size

11-50

Company Stage

N/A

Total Funding

$1M

Headquarters

Cologne, Germany

Founded

2021

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Simplify's Take

What believers are saying

  • July 2026 Wave Claims acquisition adds AI invoice parsing, ICD coding, and fraud flags.
  • Genki Resident coverage expanded January 2026 with preventive care and broader dental benefits.
  • Genki says it has covered over 75,000 travelers from 196 countries since 2021.

What critics are saying

  • Genki depends on DR-WALTER for claims decisions and reimbursements, limiting direct control.
  • Wave Claims integration can disrupt service quality while Genki internalizes claims operations in 2026.
  • No broad public funding disclosure increases execution risk against larger insurers and insurtechs.

What makes Genki unique

  • Genki Resident offers worldwide coverage with no maximum contract duration, updated January 2026.
  • Genki controls claims UX through Wave Claims' Claim OS after July 17, 2026 acquisition.
  • Genki sells subscription health insurance for digital nomads, expatriates, and long-term travelers.

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Funding

Total Funding

$1M

Above

Industry Average

Funded Over

1 Rounds

Angel funding comparison data is currently unavailable. We're working to provide this information soon!
Angel Funding Comparison
Coming Soon

Benefits

Remote Work Options

Flexible Work Hours

Paid Vacation

Company Social Events

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-3%
PR Newswire
Jul 19th, 2026
Genki acquires AI insurtech Wave Claims to automate health insurance processing

Genki, an international health insurance provider for digital nomads and long-term travellers, has acquired Cologne-based insurtech startup Wave Claims and its Claim OS software. This marks Genki's first acquisition. The deal brings AI and claims expertise in-house for Genki. Claim OS automates health insurance claims processing by reading invoices and medical documents, structuring data, coding diagnoses to international ICD standards, and flagging potential fraud. Human reviewers remain involved where judgment is needed. Genki will use the technology to improve claim submission, enabling members to know exactly which documents their claim requires at the point of filing. Since launching in 2021, Genki has covered more than 75,000 travellers from 196 countries.

PR Newswire
Jan 31st, 2023
Genki Launches Genki World Resident: International Health Insurance Fo

COLOGNE, Germany (PRWEB). January 31, 2023. Genki, the health and insurtech startup focused on digital nomads, is proud to announce Genki World Resident, an innovative international health insurance plan designed specifically for long-term digital nomads and nomad families

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