Valuation of Yago (ex-Seraphin), a start-up active in the InsurTech industry through a digital insurance brokerage platform

In the context of a contemplated increase in capital and shareholder restructuring, BDO has conducted a valuation analysis to determine the fair value of the shares of Yago SA.

Created in 2015, Yago is an InsurTech (subclass of FinTech) start-up specialized in the B2C and B2B digital brokerage in IARD & Life insurance through a user-friendly platform internally developed. 

For our valuation works, several valuation methods have been weighted according to their estimated relevancy, starting from past value (Historical Cost and Fundraised as of today), present value (Last Internal Transaction Price, Funding Round Multiple and “Build-up” Method) to expected value based on a financial plan (Multiples, Discounted Cash Flow and Venture Capital Method).