Prior to the pandemic, most life insurance searches began online but more than 90% of policies were secured through in-person interaction with a broker....
ByteDance
$140.00
4/7/2017
China
Beijing
Artificial intelligence
Sequoia Capital China, SIG Asia Investments, Sina Weibo, Softbank Group
SpaceX
$127.00
12/1/2012
United States
Hawthorne
Other
Founders Fund, Draper Fisher Jurvetson, Rothenberg Ventures
SHEIN
$100.00
7/3/2018
China
Shenzhen
E-commerce & direct-to-consumer
Tiger Global Management, Sequoia Capital...
Arch
$5M - Seed
Arch, an asset management platform for decentralized finance, has raised $5M in Seed funding led by Upload Ventures and Digital Currency Group....
Qloo
$15M - Series B
Qloo, an AI recommendation platform for culture and taste preferences for brands, has raised $15M in Series B funding from investors...
The pandemic served as a driver for digital transformation across a number of industries. Within the insurance sector, evolving customer expectations has insurance players rushing to adopt digital solutions to streamline the customer journey. Policygenius has emerged as the leading online insurance marketplace where consumers can discover, compare, and purchase insurance. The platform covers life, home, auto, disability, and rental insurance options across the largest and most trusted carriers, providing an experience similar to Kayak for travel. However, purchasing insurance is a bit more complicated than booking a plane ticket and Policygenius offers access to 400+ experts to navigate the entire process. For carriers, the company’s proprietary technology provides the conduit to access the digital insurance ecosystem through a proven and battle-tested online sales and marketing channel; the company has facilitated $90B in life insurance policies sold since 2014 for 30M+ individuals. AlleyWatch caught up with Policygenius CEO and Cofounder Jennifer Fitzgerald to learn more about the inspiration for the business, the company's strategic plans, latest round of funding, which brings the total funding raised to $276.1M, and much, much more...
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/17/2022 featuring funding details for Policygenius, Nautilus Labs, and much more.