Ofelos

What Ofelos does

Ofelos GmbH is a German digital insurance broker and technology company founded in 2019 that operates a platform for betriebliche Krankenversicherung (bKV), the corporate health insurance product available to German employers as a tax-free benefit in kind under the €50 monthly Sachbezug threshold. The company holds a Versicherungsmakler license under § 34d Abs. 1 GewO, intermediating between German employers and a network of 250+ insurance tariffs from providers including BarmeniaGothaer, DKV, Allianz, NÜRNBERGER, HanseMerkur, and Signal Iduna. Its core offering is the bKV Gesundheitsbudget, a flexible annual health budget (starting at €300) that employees can spend on 300+ health services not covered by statutory insurance, with employer contributions beginning at €9.90 per employee per month.

The technology stack centers on the ofelos HUB, a cloud-based management portal that handles employee enrollment, automated data transfer to employer HR systems, and real-time utilization reporting, complemented by the bKV-Rechner, a self-service comparison tool that surfaces optimal tariffs based on five employer inputs. Ofelos monetizes primarily through recurring brokerage commissions on placed bKV contracts, supplemented by a content marketing engine that distributes payroll templates covering all four German bKV tax treatments, HR guides, and employee survey templates as lead magnets. Distribution combines a self-serve digital front-end with sales-led conversion via Strategic Partner Florian Büsch, targeting German businesses of all sizes across horizontal segments with specific expansion into the public sector under § 18a TVöD VKA.

The reported customer base spans enterprises such as BESTSELLER Textilhandels (2,000+ employees across 250 retail locations), Toom, Vitra, Geodis, and BDI alongside mid-market clients including ruhrmed, Veritek, and König+Neurath, with the company stating more than 15,000 satisfied users on its platform. Ofelos claims differentiated utilization outcomes of up to 70% versus a stated market average of 15%, driven by structured rollout services including live employee webinars, branded company bKV cards, and ongoing communication campaigns, though no third-party validation of these figures is provided. The company is founder-controlled, with CEO Bastian Yves José Meierhans, CMO/CGO Marina Meierhans, and CTO Marco Reimann as the core team, and no external funding rounds are disclosed.

Name

Ofelos

Legal name

Ofelos GmbH

Website

https://ofelos.net

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Ofelos is a German licensed insurance broker and software company whose ofelos HUB platform helps German employers offer betriebliche Krankenversicherung (bKV) corporate health insurance to employees, aggregating 250+ insurance tariffs and 300+ health services under a single management portal.

Ownership category

akta.pro rank

Product category

Corporate Health Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Group/Employer-Sponsored Critical Illness & Hospital Indemnity (FSAIAKAD)

Keywords

• Corporate health insurance
• Employee benefits platform
• Insurance brokerage services
• Bkv tariff comparison
• Health budget management

Headquarters

HQ city

Neuss

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Brokerage Commissions: Ofelos operates as a licensed insurance broker (Versicherungsmakler) under § 34d Abs. 1 GewO. They earn commissions from insurance providers for placing business insurance policies. Revenue is generated through brokerage fees on bKV contracts between employers and insurance companies.
2. bKV Health Budget Plans: Employers pay monthly contributions (starting at 9.90 € per employee) for health budget coverage. ofelos facilitates these plans and earns revenue through the insurance provider partnerships and tariff management.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Ofelos is a licensed insurance broker (Versicherungsmakler) that helps German employers offer betriebliche Krankenversicherung (bKV / corporate health insurance) to their employees. The company provides a bKV Gesundheitsbudget (health budget) covering 300+ health services, facilitates tariff comparison across 250+ insurance products, and runs the ofelos HUB digital management platform for employer administration, employee enrollment, and claims processing. Revenue is generated through brokerage commissions and recurring per-employee subscription fees.

Product overview

Ofelos offers a digital employee benefits platform centered on bKV (betriebliche Krankenversicherung) - corporate health insurance that provides employees with a health budget covering 300+ services not included in statutory insurance. The core offering consists of the bKV Gesundheitsbudget, the ofelos HUB management platform, and the bKV-Rechner comparison tool. The platform is complemented by an extensive library of downloadable templates including payroll accounting samples for all bKV tax models (tax-free benefit-in-kind, § 37b, § 40 EStG, and net wage taxation), HR guides covering topics like boreout and quiet quitting, and employee satisfaction survey templates. Ofelos acts as an insurance broker facilitating access to 250+ tariff options from insurance providers including BarmeniaGothaer, Allianz, SDK, Hallesche, DKV, NÜRNBERGER, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• bKV Gesundheitsbudget A flexible annual health budget covering 300+ health services (dental, alternative medicine, vision, preventive care) that employees can use for services not covered by statutory health insurance. Sold to German employers starting at €9.90 per employee per month, providing a €300 annual health budget and up to €50 monthly tax-free as Sachbezug.
• ofelos HUB Cloud-based management platform for employers to administer the bKV health benefit, register employees, automate HR software integration, and track utilization. Employees access their health budget, submit claims, and communicate with support through the portal.
• bKV-Rechner Online comparison and pricing tool that helps companies find the best bKV solutions by answering a few questions and comparing over 250 tariff details including pricing, mental health coverage, dental care, and musculoskeletal services. Provides instant pricing and tariff comparison without requiring sales contact.

Quantifiable outcome

• 70% utilization rate achieved vs. typical market rate of 15%
• +4 more outcomes

Named customers8 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

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• BarmeniaGothaercoreTechnology or IntegrationInsurance provider partner offering bKV tariffs. ofelos provides tariff comparison and broker services connecting employers with BarmeniaGothaer products.
• DKV (Deutsche Krankenversicherung)coreTechnology or IntegrationMajor German health insurer offering comprehensive bKV portfolio including budget tariffs, compact modules, and individual components. ofelos compares and recommends DKV products.
• AllianzcoreTechnology or IntegrationMajor insurance provider offering bKV products. ofelos provides comparison and brokerage services for Allianz bKV offerings.
• NÜRNBERGER VersicherungcoreTechnology or IntegrationInsurance provider with BudgetSelect and component bKV tariffs. ofelos offers detailed tariff analysis and comparison for NÜRNBERGER products.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Others

• Kenjo: HR and people-operations platform for SMBs with benefits and time-off modules. Like Personio, it is an adjacent HR-tech ecosystem player whose benefit modules could overlap or partner with Ofelos's bKV offerings.
• Personio: Leading European HRIS for SMB and mid-market employers, integrating employee benefits and payroll. Adjacent to Ofelos because Personio could surface bKV benefits to employers; not a direct broker, but a potential integration partner or competitor if it expands benefits distribution.

Broad incumbents

• DKV Deutsche Krankenversicherung: Large German private health insurer offering a comprehensive bKV portfolio. Ofelos brokers DKV tariffs as a core partner; DKV selling bKV directly to employers is the principal competitive alternative to using Ofelos.
• BarmeniaGothaer: Major German health insurer formed by the merger of Barmenia and Gothaer; Ofelos already lists BarmeniaGothaer as a core partner. It is a broader insurance carrier offering bKV directly, competing with Ofelos in distribution if it pushes direct channels.
• NÜRNBERGER Versicherung: German insurer offering BudgetSelect and component bKV tariffs. Currently one of Ofelos's distribution partners, but capable of selling directly to employers, partially displacing Ofelos's intermediary role.
• Hallesche Krankenversicherung: German private health insurer with established bKV products for employers. Like DKV and Allianz, it is a broader carrier that competes at the underwriting layer with Ofelos's broker model.
• Allianz: One of the world's largest insurers, offering bKV products in Germany that Ofelos compares and brokers. Allianz is a broader insurance incumbent whose bKV and Adam Riese offerings overlap with Ofelos's broker role.
• Adam Riese: Allianz-owned digital direct-to-customer insurance brand selling insurance online. It is a broader insurance distributor that overlaps with Ofelos's bKV brokerage role but operates across many insurance lines and geographies rather than specializing in employer bKV.

Direct peers

• Wellhub (Gympass): Global corporate wellness platform offering employers subscriptions covering gyms, mental health, and nutrition benefits. Like Ofelos, it sits between employers and benefit providers with an employer-portal experience; both target HR/employer buyers with employee-benefit subscriptions.
• BetterDoc: German health-navigation service helping insured employees (often via employer-sponsored plans) find specialist appointments. Comparable in employer-sponsored health benefits distribution and serving the same German HR buyer with curated provider access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCK7JxJH5g-lpRCepoOmVTDA
• LinkedInlinkedin.com/company/ofelos
• Instagraminstagram.com/ofelos.benefits
• Facebookfacebook.com/ofelos
• Xx.com/Ofelos_bkv

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Ofelos