Wemind
Wemind is a Paris-based insurance intermediary that bundles health insurance, income protection, professional liability, and employee committee benefits into a digital subscription offering for French freelancers, independent professionals, and small businesses, distributed via a community-led model.
- Company typePrivate
- Founded2017
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Wemind does
Wemind is a Paris-based insurance intermediary that bundles complementary health insurance (mutuelle), income protection (prévoyance), professional liability (RC Pro), and employee committee benefits into a single subscription offering for French freelancers, independent professionals, and small businesses. The company operates as a regulated intermediary (ORIAS #15003131) distributing coverage underwritten by established carriers including MGD, SwissLife, Beazley, and Allianz, and channels members through a non-profit governance structure (Association Wemind Members, created 2017) that enables group insurance contracts under the Loi Madelin. All four product lines are sold and serviced through a fully digital, self-serve platform with 5-minute subscription, automatic cancellation of prior insurance, and HDS-certified health data hosting; pricing follows a 'Prix Juste' model with equitable community-based contribution distribution and no promotional discounting for new members.
Wemind's go-to-market is community-led and direct-to-consumer, anchored by what the company describes as the most active Slack community among French independents, recurring events (Wemind Talk, Playground, Conference), and an annual member general assembly. As of 2023, the community had grown to 40,000+ registered members with approximately 10,000 paying subscribers generating roughly €9M in annual contributions. In October 2020 the company extended its offering to TPE/PME enterprises and cooperatives under the Syntec collective agreement, and also added healthcare professionals as a dedicated vertical. Wemind's CEO Hind Elidrissi co-founded the neo-union Independants.co in 2020 to advocate politically for independent worker rights, and the company established a €200,000 COVID-19 solidarity fund in the same year.
Wemind is privately held as a SAS (Société par Actions Simplifiée), bootstrapped with no disclosed external venture or private equity funding, headquartered at 229 rue Saint-Honoré, 75001 Paris, with a team in the 11-50 range. Revenue mechanics are subscription-recurring across three insurance product lines (plus a €6/year association membership fee), with 2024 price increases of +3 to +11% across products paired with enhanced guarantees. The company operates exclusively in France, though RC Pro coverage extends worldwide excluding the USA and Canada.
Wemind firmographics
Firmographics- Name
- Wemind
- Legal name
- Wemind
- Website
- https://wemind.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wemind is a Paris-based insurance intermediary that bundles health insurance, income protection, professional liability, and employee committee benefits into a digital subscription offering for French freelancers, independent professionals, and small businesses, distributed via a community-led model.
- Ownership category
- akta.pro rank
Wemind industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
- akta.pro secondary industry
- Small Group Health Insurance (2–50/100) (FSAIAFAD)
Keywords
Where Wemind is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Wemind business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D
Revenue model
- Health Insurance (Mutuelle): Monthly subscription-based complementary health insurance for independents, providing coverage for hospital stays, doctor visits, optical, dental, and alternative medicine. Revenue comes from recurring monthly premiums collected from members. Subscribers also pay €0.50/month (€6/year) to the Association Wemind Members included in their monthly contribution.
- Income Protection / Prévoyance: Monthly subscription for income maintenance in case of illness, accident, or hospitalization. Covers up to 100% of income during work stoppage. Pricing varies by age and guarantees selected.
- Professional Liability Insurance (RC Pro): Monthly subscription for professional liability and legal protection. Starting from €1/day. Covers damages caused to clients up to €8M, legal fees up to €20,000 even when liability is not engaged, and unlimited legal assistance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | RC Pro starting at €1/day (~€30/month) |
| Subscription | Monthly | Mutuelle (Health Insurance) |
| Subscription | Monthly | Prévoyance (Income Protection) |
| Subscription | Monthly | Association Wemind Members annual membership fee: €6/year |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Wemind product offering
Product offeringCore offering
Wemind is a digital insurance broker that distributes four bundled protection products to French independents and small businesses: supplementary health insurance (Mutuelle), income maintenance insurance (Prévoyance), professional liability insurance (RC Pro with legal protection), and an employee benefits committee (Comité d'Entreprise). All offerings are sold on recurring monthly subscriptions through a 100% digital, 5-minute self-serve enrollment platform, with coverage underwritten by partner insurers (SwissLife, Beazley, MGD, Allianz) and administered through the Association Wemind Members under Loi Madelin.
Product overview
Wemind is a community-based insurance platform for freelancers, self-employed professionals, entrepreneurs, and small businesses in France. The product portfolio consists of four core offerings: (1) Mutuelle – supplementary health insurance covering medical, dental, optical, and alternative medicine expenses; (2) Maintien des revenus/Prévoyance – income maintenance insurance replacing revenues during illness or hospitalization; (3) RC Pro – professional liability insurance with integrated legal protection; and (4) Comité d'Entreprise – employee committee benefits including discounts on software, entertainment, and leisure. Wemind also extends these coverages to small businesses and associations through its Wemind Entreprises product. All offerings are delivered entirely online with 100% digital enrollment and management through the member portal.
Differentiator
Problem solved
Functional benefit
Products and services
- Mutuelle (Supplementary Health Insurance) Monthly subscription-based supplementary health insurance for freelancers, self-employed professionals, entrepreneurs, and small business employees. Covers hospitalization, doctor visits, pharmacy, dental (up to 500% of Social Security base), optical (up to €400 for simple lenses every two years), and alternative medicine (up to €200/year). Worldwide coverage for care covered by French Social Security (up to 200% of base reimbursement). 100% digital enrollment with prior-mutuelle cancellation handled online.
- Prévoyance / Maintien des revenus (Income Maintenance) Monthly subscription-based income maintenance insurance that replaces up to 100% of revenues during illness, accident, or hospitalization periods. Pricing varies by age and guarantees selected. Worldwide coverage for stays under 6 months (excluding countries under international sanctions). Underwritten by SwissLife Prévoyance et Santé and administered by CEGEMA.
- RC Pro (Professional Liability Insurance with Legal Protection) Monthly subscription-based professional liability and legal protection insurance for freelancers and independents starting at €1/day. Covers damages caused to clients up to €8M, legal fees up to €20,000 per dispute even when civil liability is not engaged, and unlimited legal assistance. Covers digital professions including data hacking and viruses. Worldwide coverage excluding USA and Canada. RC Pro certificate issued within 5 minutes of subscription.
- Comité d'Entreprise (Employee Committee Benefits) Employee committee benefits included in all Wemind plans, providing discounts on 300+ tools and software, cinema (up to 40% off), vacation and leisure (10-30% off), and gym memberships (20-40% off). Delivered via Uni-CE and Freelance Stack platform partners.
- Wemind Entreprises (Group Coverage for TPE/PME) Group health coverage products (mutuelle, income maintenance/prévoyance, and employee committee) designed for small businesses (TPE/PME), cooperatives, and associations, including those operating under the Syntec collective agreement. Named customers include Le Wagon, RogerVoice, Switch Collective, MonBuilding, and Héméa.
Quantifiable outcome
- 100% income maintained during illness, accident, or hospitalization
- +6 more outcomes
Companies that use Wemind
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Wemind technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Wemind partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered core and minor.
- Association Wemind Members (AWM)coreThe Association Wemind Members (AWM, SIREN 931 060 537) is a non-profit association created on November 3, 2017. It enables group insurance contracts under Loi Madelin for tax advantages and better pricing. All Wemind members automatically become members of AWM. Each member contributes €0.50/month (€6/year) to fund the association's activities including the solidarity fund. AWM also supports Independants.co, Zero Waste France, and Tirelires d'Avenir.
- La Mutuelle Générale de la Distribution (MGD)coreInsurance partner providing group health coverage underwritten through Wemind for the Association Wemind Members.
- Centre de Prévoyance Médico-Sociale (CPMS)coreHandles day-to-day management of health guarantees. Connects to members' French Social Security (Ameli) accounts for automated reimbursements via teletransmission. Also processes personal health data under Wemind's privacy policy.
- SwissLife Prévoyance et SantécoreInsurance partner providing income protection / prévoyance coverage for Wemind members.
- CEGEMAcoreHandles management of income maintenance (prévoyance) claims and requests for Wemind members. Processes member data under their own data protection policy.
- Beazley Insurance Designated Activity CompanycoreUnderwrites professional liability insurance (RC Pro) for Wemind members.
- Charles TaylorminorThird-party administrator for insurance claims management.
- Allianz Protection JuridiquecoreProvides legal protection coverage integrated into Wemind's RC Pro and standalone offerings.
- AXAminorInsurance partner listed among Wemind's insurer partners.
- AprilminorInsurance partner/distributor listed among Wemind's insurer partners.
- ViamediscoreThird-party payment (tiers payant) operator for Wemind's health coverage. Manages direct settlement between Wemind and healthcare providers.
- GoCardlesscoreProcesses SEPA direct debit mandates and recurring premium collections from member bank accounts.
- ScalingocoreCloud hosting provider for Wemind's server infrastructure. Servers are HDS-certified (Hébergement Données de Santé) for compliance with French health data regulations.
- CrispcoreCustomer support platform providing chat and email support functionality on Wemind's website and member portal.
- Uni-CEcoreProvides access to the employee committee (Comité d'Entreprise) platform and benefits for Wemind members, including discounts on cinema, vacations, and gym memberships.
- Freelance StackcoreProvides access to discounts on professional services and tools for Wemind's employee committee platform.
- CoworkeesminorPlatform partner for freelancers in marketing and communication. Wemind provides Coworkees members access to the same benefits as salaried employees: mutuelle, income protection, RC Pro, housing guarantee, and employee committee. Coworkees has 25,000 freelancers and serves clients including Columbia, Somfi, Salomon, Maped, and Chopard.
- FinStartminorPlatform dedicated to independent consultants in Finance, Risk, Accounting, and Compliance. Partnership provides FinStart members with access to Wemind's insurance products (mutuelle, income protection, RC Pro, employee committee). Founded by Grégoire Corcos and Pierre Lévy.
- RubypayeurminorInvoice collection specialist partner. Wemind members benefit from a preferential rate (8% commission on recovered amounts, reduced from standard rates) for delegating unpaid invoice recovery. Also offers 20% reduction on legal fees for Wemind members pursuing judicial collection.
- Independants.cocoreNeo-union federation for independent workers and collectives. Wemind's CEO Hind Elidrissi is co-founder and spokesperson. Wemind supports Independants.co financially and politically, advocating for expanded government support during COVID-19 and broader social protection reforms for independents.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
Wemind competitors and assessment
Company assessmentDirect peers
- Alan: French digital health insurer selling complementary health coverage to companies and individuals via a fully online platform — same insurtech model, same French market, same target of professionals/small businesses.
- Leocare: French multi-line digital insurance broker offering home, auto, health and liability coverage via a mobile-first experience. Directly comparable as a French digital insurance intermediary.
- Luko: French insurtech distributing home and personal lines digitally with a community/mission-driven brand. Comparable as a French digital-first insurance intermediary targeting under-served consumer segments.
Emerging players
- Insify: European insurtech specializing in business insurance for freelancers and self-employed professionals. Comparable customer base (independent workers) and digital broker model, though primarily German market.
- Coverflex: Portuguese-origin benefits and insurance platform for SMBs and self-employed, bundling health, perks and insurance. Comparable in bundling employee benefits for small businesses across Europe.
- Lemonade: US/European digital-first insurer using a tech-led, mission-driven model with bundled consumer lines. Relevant as the international reference point for the digital insurance broker playbook Wemind executes.
Broad incumbents
- Maif: Major French mutual insurer offering health, home and liability products to individuals and professionals. Same regulatory and distribution environment, broader portfolio and scale.
- Malakoff Humanis: Large French group protection and health insurance provider serving companies and independents under collective agreements including Syntec. Overlaps with Wemind Entreprises for SME group health/prévoyance.
- AXA France: One of the largest French insurers offering health, liability and income protection products, including via digital channels. Represents the dominant incumbent against which Wemind competes and partners.
- Henner: French specialist in group and individual health and prévoyance, with a strong footprint among independents, executives and SMEs. Closest established incumbent to Wemind's target segment.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Wemind social profiles
Digital presenceWemind compliance and trust
Trust signalCompliance2 records
Wemind financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wemind leadership team
Management profileNumber of profiles
Profiles6 records
Wemind funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wemind M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wemind
What does Wemind do?
Wemind is a digital insurance broker that distributes four bundled protection products to French independents and small businesses: supplementary health insurance (Mutuelle), income maintenance insurance (Prévoyance), professional liability insurance (RC Pro with legal protection), and an employee benefits committee (Comité d'Entreprise). All offerings are sold on recurring monthly subscriptions through a 100% digital, 5-minute self-serve enrollment platform, with coverage underwritten by partner insurers (SwissLife, Beazley, MGD, Allianz) and administered through the Association Wemind Members under Loi Madelin.
Is Wemind a public or private company?
Wemind is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Wemind founded?
Wemind was founded in 2017. It employs 11 to 50 people.
Where is Wemind based?
Wemind is headquartered in Paris, France, in the Europe region.
How does Wemind make money?
Three revenue lines are on record. Health Insurance (Mutuelle) is the primary driver. The others are income Protection / Prévoyance and professional Liability Insurance (RC Pro).
Who are Wemind's main competitors?
Direct peers on record are Alan, Leocare and Luko. Emerging players are Insify, Coverflex and Lemonade. Broad incumbents are Maif, Malakoff Humanis, AXA France and Henner.
Does Wemind have an API?
No public API is recorded for Wemind.
What industry is Wemind in?
Wemind's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS), with a secondary code of FSAIAFAD, Small Group Health Insurance (2–50/100). Its NAICS code is 5242 and its SIC code is 6411.