What Kenko does

Kenko is a French insurtech company headquartered in Paris (37 Rue Bergère, 75009) that operates as a regulated insurance broker (ORIAS: 22001341, supervised by ACPR) providing customizable corporate health insurance (mutuelle) and prévoyance (death/disability) coverage to French employers. Founded in 2023, the company addresses a structural inefficiency in French group health insurance — uniform employer plans where the majority of coverage goes unused while surpluses are retained by insurers — by replacing the one-size-fits-all model with a modular à la carte architecture. Employees self-select from four coverage packs (Optique, Dentaire, Médecine, and the combined Caméléon), with all reimbursement tables displayed transparently in euros rather than the conventional BR% and PMSS percentages used across the French insurance industry.

The company's product is delivered through KenkoHub, a 100% digital platform with web and mobile applications (iOS and Android), electronic signature integration via YouSign, and a comparator tool that benchmarks coverage in euros. Core operations are supported by a lean technology stack: Google Cloud Platform for hosting, HubSpot for CRM and marketing automation, NoveoCare as third-party claims administrator, and AP Scan for regulatory PEP checks. The platform's contract benefits redistribution engine redirects an estimated 80% of unused contract surpluses back into supplementary employee health and wellbeing services, creating a retention mechanism beyond the underlying insurance product.

Kenko's business model is recurring subscription revenue through insurance premiums and broker commissions on group policies sold to French employers, with pricing negotiated per employer rather than publicly disclosed. The go-to-market combines field sales organized by segment (Account Executive Grands Comptes for enterprise, Middle Market for mid-market, Account Manager for ongoing relationships) with product-led growth through self-service digital enrollment. The addressable market comprises over 80,000 French SMEs and 5,000 ETIs. As of the latest disclosed data, Kenko covers over 10,000 insured individuals, employs 11–50 staff, and serves a diversified customer base spanning automotive (Kia, MAN), luxury hospitality (Le Royal Monceau-Raffles, Evok Collection), fintech (Alma), aerospace (Latitude), HR SaaS (Lucca, Malibou, Naboo, Jump), and coworking (Comet), among others. Total funding raised across seed (July 2023, €1.3M), seed extension (July 2024, €1.2M), and Series A (October 2025, €4M) is approximately €6.5M, with investors including Bpifrance, Crédit Industriel et Commercial, Pleiade Venture, Bloomstep, WILCO, and business angel Guillaume Sarkozy.

Name

Kenko

Legal name

KENKO

Website

https://kenko.fr

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Kenko is a French regulated insurance broker (ORIAS: 22001341) offering customizable à la carte corporate health insurance and prévoyance to French SMEs and ETIs through a digital platform that lets employees self-select modular coverage packs.

Ownership category

akta.pro rank

Product category

Corporate Health Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Association & PEO Group Health Plans (AHP/PEO-Sponsored) (FSAIAFAH)

Keywords

• Group health insurance
• Corporate mutuelle
• Employee benefits brokerage
• Prevoyance coverage
• Digital health insurance

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Group Health & Prevoyance Insurance Premiums: Kenko acts as an insurance broker (ORIAS: 22001341, regulated by ACPR) providing customizable group health insurance (mutuelle) and prévoyance (death/disability coverage) to French employers. Revenue is generated through insurance premiums paid by employers and/or employees. The 'à la carte' pack system (Optique, Dentaire, Médecine, Caméléon) creates modular pricing tiers.
2. Supplementary Social Benefits Services: Contract surplus funds are used to finance additional employee health and wellbeing services — including on-site health days and support for chronic illness and mental health — creating an upsell/retention dynamic.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Kenko is a French insurance brokerage (ORIAS: 22001341) that sells customizable group health insurance (mutuelle) and prévoyance (death/disability coverage) to employers through a 100% digital platform. Employees self-select modular coverage packs — Optique (vision), Dentaire (dental), Médecine (medical consultations), or the combined Caméléon pack — with reimbursements displayed transparently in euros rather than percentage-of-BR jargon. The platform automates enrollment, electronic signatures, and multi-subsidiary administration for French SMEs and ETIs.

Product overview

Kenko is a French insurtech company offering a digital health insurance platform with customizable 'à la carte' coverage packs (Pack Optique, Pack Dentaire, Pack Médecine, and the combined Pack Caméléon) that employees can select based on their individual health needs. The core offering consists of Mutuelle & Prévoyance (health insurance) and Santé & Avantages Sociaux (health and employee benefits management), supported by digital tools including the Outil Comparateur for contract comparison and the Guide Benchmark Santé & Prévoyance for HR analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Mutuelle & Prévoyance Kenko's primary customizable group health insurance and prévoyance product for French employers. Employees select from modular coverage packs (Optique, Dentaire, Médecine, or combined Caméléon) based on individual health needs, with all guarantees displayed transparently in euros rather than percentage-of-BR. Includes digital onboarding, electronic signature, multi-subsidiary management, and adaptation to French collective bargaining agreements (Syntec, Métallurgie, Transports).
• Santé & Avantages Sociaux

Quantifiable outcome

• 60% possible improvement on reimbursements for the chosen coverage pack
• +5 more outcomes

Named customers18 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• L'AtoutcoreStrategic or Co-development Partner · 1 November 2024Strategic alliance to reinvent social benefits in enterprise. Kenko x L'Atout partnership combines Kenko's health insurance customization with L'Atout's social benefits expertise.
• maliboucoreGTM or Marketing Partner · 1 June 2024Partnership with malibou (HR SaaS for payroll and HR management) for joint content marketing and referral. Co-authored articles on HR management and mutual insurance optimization. Kenko is featured as malibou's health insurance partner.
• NoveoCarecoreTechnology or IntegrationThird-party claims administrator handling policy management, reimbursement processing, and insured communications. Core operational partner in Kenko's insurance value chain.
• Google Cloud PlatformcoreTechnology or IntegrationCloud infrastructure provider for Kenko's platform (hosting and data storage via Google Cloud Storage).

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Alan: French health insurance company serving individuals, SMEs and large employers with a fully digital experience. Most directly comparable competitor to Kenko in the French digital mutuelle space, now operating as a licensed carrier (unlike Kenko's broker model).
• Leocare: French digital insurance broker offering multi-line (home, auto, health, pet) coverage via a mobile app. Comparable to Kenko as a French digital-first broker targeting mass-market and SME customers, though broader in product scope.
• Cocoon: French insurance provider focused on health coverage for individuals and small businesses. Comparable to Kenko in targeting the French health-insurance buyer with a digital-first proposition.
• Yuccan: French digital insurance broker specializing in health and prévoyance coverage for SMEs and small businesses. Direct overlap with Kenko's core SME mutuelle proposition in France.
• Unkle: French digital insurance broker for freelancers and small businesses. Comparable to Kenko as a French broker-led digital insurer, though more weighted toward independent workers than Kenko's employer-sponsored SME focus.

Regional players

• Coverd: Belgium-based digital insurance broker expanding into France with employer-sponsored health and income protection products. Comparable product offering to Kenko but operating from a different home market.

Broad incumbents

• Harmonie Mutuelle: Large French health mutuelle serving individuals and corporate clients with a broad portfolio of health and prévoyance products. Established incumbent in the same French employer-sponsored health market Kenko targets.
• Malakoff Humanis: Major French group protection insurer covering health, prévoyance and retirement for corporate clients. Comparable employer-sponsored health book to Kenko, but at much greater scale and as a carrier rather than broker.

Others

• malibou: French HR and payroll SaaS platform and Kenko's distribution partner for co-marketing and referrals to SME HR teams. Comparable customer base (French SMB HR leaders) but adjacent rather than competitive.
• L'Atout: French social-benefits specialist partnering with Kenko to extend social-benefit offerings to enterprise clients. Adjacent ecosystem partner sharing the same French HR-decision-maker buyer.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kenko-club

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kenko