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Insurify

Company

Insurance
Since 2013
USA
North America
Cambridge (Massachusetts)
222 Third St, MA 02142


Content

Owners

Insurify is American InsurTech-startup headquartered in Massachusetts, Cambridge developing a platform for comparing insurance products. Through partnerships with insurance companies such as Nationwide, Farmers and, Liberty Mutual Insurify has licenses and operates in all 50 states (data as of 2021).

History

2021: Attracting $100 million investment

On September 2, 2021 Fort Ross Ventures , he announced TAdviser that he had invested in a American startup licensed agent for various types. insurance The volume of investments the fund in the company amounted to 10 million of dollars the total investments of round B - 100 million dollars. As of September 2021, the total amount of attracted investments in the company is $128 million. Investors such as Viola FinTech, MassMutual Ventures, Nationwide Ventures, Hearst Ventures, Moneta VC, Viola Growth also participated in the deal.

Image:Insurify.png
Fort Ross Ventures invested $10 million in US InsurTech startup
Source photo: ustechtimes.com

Working to build an "automated insurance system," Insurify helps customers get the necessary insurance policy online. Insurify offers a platform where customers can compare real-time prices for car, housing and life insurance from large and regional insurance companies using recommendations issued by artificial intelligence technologies. Insurify also develops its own technology products, including a "wallet," which allows users to manage several policies at once.

Insurify will use this investment to develop insurance products, strengthen the brand, and expand the company's staff.

{{quote 'author = said Victor Orlovsky, founder and general partner of Fort Ross Ventures. |

Insurify is one of the few companies that uses artificial intelligence to personalize insurance products and services. Leveraging innovation helps companies save customers time and money. We see what successes Insurify has already achieved - despite the pandemic, over the year the company's revenue increased 2.5 times. We are confident that thanks to additional investments and our support, the company will not only be able to influence the further development of the InsurTech, but also become a market leader,}}

Шаблон:Quote 'author = noted Snezhina Zacharia, founder and CEO of Insurify.

See also