Ominimo Reaches Unicorn Status With Series B Funding Led by EBRD

Series B Funding Led by EBRD Crosses the Billion-Dollar Threshold

The Serbian-Hungarian fintech company Ominimo has officially achieved unicorn status after completing a significant Series B investment round led by the European Bank for Reconstruction and Development. The funding pushed the company’s valuation to 1,4 milliárd eurós, which translates to roughly 1,6 milliárd dolláros when calculated with a focus on future international markets, as detailed by company leadership.

While private startups reaching a valuation above one billion dollars join an exclusive global tier, the Ominimo milestone carries specific regional significance. According to announcements from the company, the transaction makes it the first startup originating from Serbia to surpass the one-billion-dollar valuation mark. Hungarian financial coverage notes that while several domestic technology ventures have grown substantially over the years, none officially cleared the paper valuation threshold ahead of an initial public offering.

The rapid trajectory stands out in the insurance technology sector, where many early insurtech ventures have struggled to find long-term traction. Company executives attribute the velocity to a combination of proprietary underwriting models, disciplined risk management, and aggressive international expansion.

The extraordinary growth, disciplined risk management and exceptionally high-quality insurance portfolio are what set us apart from competitors, and this is what continues to attract significant investor interest. Dusan Komar, Founder and Chief Executive Officer of Ominimo

Rapid Market Penetration Through Artificial Intelligence and Data Analytics

Established in 2024, Ominimo leveraged advanced mathematical modeling, artificial intelligence, and deep data analytics to disrupt traditional vehicle insurance pricing. The firm applies technology to refine risk assessment and automate policy generation. During its first year operating in Hungary, the startup secured a 7 percent market share in compulsory motor third-party liability insurance, known locally as kgfb, by undercutting traditional competitors on price through automated efficiency.

Operating initially as a managing general agent in partnership with Signal Iduna Biztosító in Hungary, the platform quickly gained traction on price-comparison websites where pricing is the primary driver for consumer choice. Broker platforms and comparison tools routinely placed Ominimo near the top of search results thanks to ultra-segmented algorithmic pricing models.

The growth metrics reflect a fast-scaling operation. Within less than two years, the enterprise has accumulated nearly one million active customers across its operating regions, pushing its annualized run-rate gross written premium past 350 millió dolláros, with leadership targeting half a billion dollars by the end of the year.

From Zurich Insurance Backing to Independent Regulatory Licensing

The current funding round follows a major capital injection from the previous year. In the spring of 2025, the company secured a tízmillió eurós from the Zurich Insurance Group at a 200 millió eurós valuation. That partnership provided the strategic foundation necessary to enter the Dutch, Swedish, and Polish markets.

With the involvement of the European Bank for Reconstruction and Development, Ominimo plans to pursue its own independent insurance licenses across jurisdictions. Operating as a managing general agent requires relying on partner insurers for policy underwriting capacity, which can introduce procedural bottlenecks during market entry.

Holding proprietary licenses removes the requirement to share profits with carrier partners and accelerates geographic expansion. Insurance regulations typically mandate maintaining solvency capital reserves proportional to written premium volumes—roughly twenty cents for every euro of exposure—making institutional backing from development banks critical for satisfying regulatory authorities.

A Young, Engineering-Driven Workforce Targeting Global Expansion

Ominimo employs more than 130 people, with roughly two-thirds of the personnel working as software engineers and data scientists. Development operations are concentrated in regional hubs located in Novi Sad and Belgrade, where the average employee age is just 25 years old. Leadership highlights that the technical teams include medalists from top international scientific contests and mathematical olympiads.

Following the latest capital infusion, the company intends to expand beyond its current four European markets. Over the next year, management plans to launch operations in six additional European Union nations while initiating preparations for entry into the United States market.