Policygenius

insurtechaggregators / policy management

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 19/01/2021

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive WhatsApp community where you can engage in discussions with global industry experts!

About

Policygenius is America's leading online insurance marketplace. Our mission is to help people get insurance right by making it easy for them to understand their options, compare quotes, and buy a policy, all in one place.Since 2014, we've placed $35 billion in coverage and helped over 100,000 families get the financial protection they need.

MEDICI Analysis

PolicyGenius provides users with price comparison information on life insurance, long-term disability insurance, renters insurance and pet insurance.

Focus

PRODUCTS & SERVICES

Insurance Checkup advice tool

REVENUE MODEL

Company earns revenue by collecting commission from insurance companies

MAIN CLIENTS

Online Retail insurance Consumers

EXISTING PARTNERSHIPS

Partners with insurers such as AIG

Metlife

ING

Prudential and more.

PRIMARY PROBLEM SOLVED

Provide its users with easy-to-navigate site and by creating helpful tools and writing engaging content.

Traction

VALUATION / MARKET CAP:

$375 M in 2017

COMPANY TYPE:

For Profit

People

FOUNDERS

Jennifer Fitzgerald

Francois de Lame

Sandy Afamasaga

BOARD MEMBERS AND ADVISORS

Kunal Kain

Daniel Gulati

Antonia Abraham

Tianxiang Zhuo

Jennifer Fitzgerald

Francois de Lame

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Arnold Capital

AXA Strategic Ventures

AXA Venture Partners

Brendan Wallace

Charles Svirk

CJ MacDonald

Fika Ventures.

Karlin Ventures

Kohlberg Kravis Roberts

Liron Brish

MassMutual Ventures

Michael Liou

Norwest Venture Partners

Paul Arnold

Pen King

Revolution

Samir Kaji

Susa Ventures

Switch Ventures

Telemachus Luu

Tom Palecek

Transamerica Ventures

Otter Rock Capital

Tribeca Early Stage Partners

Revolution Ventures

Fika Ventures

AXA Group

MassMutual

Transamerica

KEY EMPLOYEES:

Jennifer Fitzgerald(CEO); David McKay(CTO)

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

5

TOTAL FUNDING

$151.05 M

DATE OF LAST FUNDING

Jan 2020

IPO STATUS

Private

TOTAL FUNDING COMMENT

The company is planning to use the fund to consolidate its position in insurance shopping and to expand its individual product lines, hire across the organization and build out partnerships.

ESTIMETED REVENUE RANGE

$50M to $100M

SEED & PRIOR FUNDING

$750 K

SEED CLOSED ON

Jul 2014

FUNDING SERIES

SERIES A  · $5.3 M  · Jun 2015

SERIES B  · $15 M  · Jan 2016

SERIES C  · $30 M  · May 2017

SERIES D  · $100 M  · Jan 2020

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

1,228,570

AVERAGE VISITS (6 MONTHS)

1,252,450.99

MONTHLY VISITS GROWTH

-3.06%

VISIT DURATION

107

VISIT DURATION GROWTH

10.32%

PAGE VIEWS VISIT

2.05

PAGE VIEWS VISIT GROWTH

5.16%

BOUNCE RATE

77.07%

BOUNCE RATE GROWTH

1.02%

GLOBAL TRAFFIC RANK

46,112

MONTHLY RANK CHANGE

-6,152

MONTHLY RANK GROWTH

-11.77%

Join the exclusive global FinTech community

Be a part of the global FinTech community on WhatsApp