Verivox is Germany’s largest independent consumer portal for energy. In addition, Verivox offers online comparisons for telecommunication, insurance, finance products, travels and search engines for commission free properties, both to rent and to buy, as well as cars and motorcycles. Our websites enable consumers to compare available tariffs with just a few clicks and switch directly to their best suitable provider.
Verivox is owned by ProSiebenSat.1 Group’s 7Commerce subsidiary, the strategic investment arm of one of Europe’s leading media companies and Germany’s biggest TV network. ProSiebenSat.1 holds 80 percent of the shares. The former owners under the leadership of Oakley Capital hold a minority interest in the company.
The Verivox Group has now helped consumers exchange more than 8 million contracts and thereby saved them more than one billion euros. Just one look at the German energy market will show how much potential there is: more than a third of all German households still get their household gas and electricity from the more expensive utility providers. Every day several thousand additional new accounts are added, new business areas are being created all the time.
Verivox, founded by Alex Preston and Andrew Goodwin, has been working to make markets transparent for consumers since 1998 while closely following consumer protection guidelines. The company went into its second phase of growth after recruiting Chris Öhlund as Group CEO of Verivox Holdings Ltd., London, in 2012 and Ingo Weber as Managing Director of Verivox GmbH in 2013, who have used their market and management expertise to fast-track the success of the established expansion course. New business areas have been established and the international expansion has taken off with the operative inception of Verivox Schweiz AG. This has allowed Verivox to develop from a leading German energy portal to a consumer portal for all types of household contracts, earning the company numerous awards to an internationally focused leading online comparison portal.
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