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Download The List of the 100 Highest-Valued Unicorns

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Top 5 Auto Insurance Unicorns in 2024

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Have you ever wondered which private companies in the Auto Insurance industry have the highest valuations?

You’re not alone.

There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 5 Auto Insurance unicorn startups, from highest to lowest valuation.

5 Auto Insurance Unicorns Companies

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1) PolicyBazaar

PolicyBazaar

PolicyBazaar creates a transparent comparison platform for consumers who are looking for life insurance and general insurance products. Through the platform, users can search for life insurance providers and compare price and policy benefits.

Details of the startup:

  • Valuation: $2.40B (May 2019)
  • Country: India
  • City: Gurgaon
  • Started in: 2008
  • Founders: Alok Bansal, Avaneesh Nirjar, Manoj Sharma, Tarun Mathur, Yashish Dahiya
  • Number of employees: 10,000+
  • Funding: $633.78M
  • Funding rounds: 13
  • Number of investors: 22

You can find their website here.

2) Zego

Zego

Zego is revolutionising the self-employed insurance industry with a suite of products that offer competitive rates and unparalleled service.

Details of the startup:

  • Valuation: $1.10B (March 2021)
  • Country: United Kingdom
  • State: England
  • City: London
  • Started in: 2016
  • Founders: Harry Franks, Sten Saar, Stuart Kelly
  • Number of employees: 250-500
  • Funding: $255.50M
  • Funding rounds: 6
  • Number of investors: 12

You can find their website here.

3) Acko General Insurance

Acko General Insurance

Acko is a digital insurance firm that has been granted the authority to underwrite and market bite-sized insurance products.

Details of the startup:

  • Valuation: $1.10B (October 2021)
  • Country: India
  • City: Bengaluru
  • Started in: 2016
  • Founders: Ruchi Deepak, Varun Dua
  • Number of employees: 250-500
  • Funding: $428.00M
  • Funding rounds: 6
  • Number of investors: 21

You can find their website here.

4) Hyperchain

Hyperchain

Hyperion offers a wide range of risk management solutions to businesses and individuals across the globe.

Details of the startup:

  • Valuation: $1.00B (April 2021)
  • Country: China
  • State: Zhejiang
  • City: Hangzhou
  • Started in: 2016
  • Founders: David Howden
  • Number of employees: 1,000-5,000
  • Funding: $249.00M
  • Funding rounds: 4
  • Number of investors: 4

You can find their website here.

5) Clearcover

Clearcover

Clearcover is a digital car insurance provider using innovative technologies and data-driven insights to give clients the best possible prices.

Details of the startup:

  • Valuation: $1.00B (April 2021)
  • Country: United States
  • State: Illinois
  • City: Chicago
  • Started in: 2016
  • Founders: Derek Brigham, Kyle Nakatsuji
  • Number of employees: 250-500
  • Funding: $307.00M
  • Funding rounds: 4
  • Number of investors: 11

You can find their website here.

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