Julian Teicke (10 October 1986 in Berlin, Germany) is a German businessman and founder & was CEO of wefox. He is also an investor and board member of several European tech startups.[1]
Teicke graduated from the John F. Kennedy School in Berlin, Germany. Afterwards, he moved to Switzerland, where he graduated with a Business Administration at the University of St. Gallen in 2010.[4] In 2020 he was awarded with the "Founder of the Year" Award of the University of St. Gallen.[5]
Career
In 2009, Teicke played an active role in starting up the UK branch of Chocri, a chocolate company based in Berlin.[6] He later joined Groupon where he headed up the European sales operation.[7][8] In 2010 he joined the e-commerce platform DeinDeal in Switzerland.[9][10] Julian Teicke has been honored with the title of Swiss e-Commerce Champion and received the Swiss e-Commerce award for two consecutive years, in 2013 and 2014.[11][12]
Teicke served as the DeinDeal's COO until it was sold to media publisher Ringier for an undisclosed sum in 2015.[13][4]
In 2015, Teicke founded FinanceFox, a company that initially offered customers the ability to manage their insurance contracts online.[14][15] In the following years, the company received permission to sell insurance products and rebranded as wefox.[16] Since its launch in 2015, wefox has doubled its yearly revenues, reaching $580 million in 2022, and serving more than 3 million customers across Austria, Germany, Italy, Poland, The Netherlands, and Switzerland.[17] wefox was the fastest European fintech to ever reach $1bn valuation and in 2022 had a valuation of $4.5bn. [18][19]
Board and advisory role
Since 2015, Julian Teicke has been a Founder and Partner & Non-Executive Chairman at The Delta. The Delta has incubated wefox and has since incubated and invested in more than 50 ventures. Julian Teicke is founding angel and Non-Executive board member of several The Delta portfolio companies. [20]
Criticism
In 2023 Julian Teicke and wefox were criticised by media outlets for their aggressive acquisition strategy and that the acquired companies did not yet fully adopt wefox technology. [21][22]
Volunteering
In April 2020, Teicke founded Healthy Together (a non-profit European tech alliance) by supporting the design and launch of the Corona-Warn-App.[23][24][25] After this he co-founded Luca App, which belongs to the most successful apps in Germany with more than 40 million downloads.[26]