• FOUNDING YEAR: 2016
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    17 Dec, 2018
    Phone:
    +1 650-996-2437

Description

FOCUS

PRODUCTS & SERVICES:
Online insurance platform for SME's.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Personal trainers, Photographers, Construction owners
EXISTING PARTNERSHIPS:
Partnered with underwriter firms Munich Re and Markel Corporation. Partnered with insurers Liberty Mutual, Markel, HISCOX

PEOPLE

FOUNDERS:
Guy Goldstein, Nissim Tapiro, Alon Huri.
Board Members and Advisors:
Eitan Bek
INVESTORS:
American Express Ventures, Markel Corporation, Munich Re / HSB Ventures, Nationwide Building Society, Ribbit Capital, SGVC, Zeev Ventures, Silicon Valley’s Redpoint Ventures
KEY EMPLOYEES:
Guy Goldstein(CEO); Alon Huri(CTO)

TRACTION

VALUATION / MARKET CAP:
$193.33 MM in 2017
COMMENT:
The company claims that double digit growth in term of the policies of small business owners.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$131 Million
DATE OF LAST FUNDING:
Jul 2018
TOTAL FUNDING COMMENT:
The company is planning to use the funds to continue expanding across the U.S and also increase headcount in both its Israel and U.S. offices. (July 2018)
SEED & PRIOR FUNDING:
$13 Million
SEED CLOSED ON:
Mar 2016
FUNDING SERIES:
SERIES A
$35 Millions Closed: May 2017
SERIES B
$83 Millions Closed: Jul 2018
LISTED:
NO

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