1) wefox
Wefox is the world’s first digital insurance company—combining technology and human expertise to give customers a better way to manage, track, and pay for their insurance.
Details of the startup:
- Valuation: $4.50B (March 2019)
- Country: Germany
- City: Berlin
- Started in: 2014
- Founders: Dario Fazlic, Fabian Wesemann, Jonathan Seoane, Julian Teicke, Teodoro Martino
- Number of employees: 500-1,000
- Funding: $924.31M
- Funding rounds: 6
- Number of investors: 38
You can find their website here.
2) Next Insurance
Next Insurance is a digital insurance provider for small businesses and startups.
Details of the startup:
- Valuation: $4.00B (October 2019)
- Country: United States
- State: California
- City: Palo Alto
- Started in: 2016
- Founders: Alon Huri, Guy Goldstein, Nissim Tapiro
- Number of employees: 250-500
- Funding: $881.00M
- Funding rounds: 6
- Number of investors: 17
You can find their website here.
3) Ethos
Ethos Life is a modern insurance company that provides ethical life insurance.
Details of the startup:
- Valuation: $2.70B (May 2021)
- Country: United States
- State: California
- City: San Francisco
- Started in: 2016
- Founders: Lingke Wang, Peter Colis
- Number of employees: 250-500
- Funding: $413.96M
- Funding rounds: 7
- Number of investors: 19
You can find their website here.
4) ManyPets
ManyPets offers pet health care and insurance.
Details of the startup:
- Valuation: $2.35B (June 2021)
- Country: United Kingdom
- State: England
- City: London
- Started in: 2017
- Founders: Guy Farley, Steven Mendel
- Number of employees: 101-250
- Funding: $482.98M
- Funding rounds: 7
- Number of investors: 11
You can find their website here.
5) Newfront
Newfront is a modern insurance brokerage that uses technology to greatly simplify the buying and selling processes for clients and brokers.
Details of the startup:
- Valuation: $2.20B (April 2022)
- Country: United States
- State: California
- City: San Francisco
- Started in: 2017
- Founders: Gordon Wintrob, Spike Lipkin
- Number of employees: 501-1000
- Funding: $310.00M
- Funding rounds: 6
- Number of investors: 25
You can find their website here.
6) Mercury
Mercury is a digital banking company that provides banking services and bank accounts designed specifically for startups.
Details of the startup:
- Valuation: $1.60B (July 2021)
- Country: United States
- State: California
- City: San Francisco
- Started in: 2019
- Founders: Immad Akhund, Jason Zhang, Max Tagher
- Number of employees: 100-250
- Funding: $462.00M
- Funding rounds: 6
- Number of investors: 39
You can find their website here.
7) bolttech
Bolttech is an InsurTech firm building an artificial intelligence-powered point-of-sale insurance platform for protection and insurance.
Details of the startup:
- Valuation: $1.50B (July 2021)
- Country: Singapore
- Started in: 2006
- Founders: Richard Li
- Number of employees: 1,000-5,000
- Funding: $247.20M
- Funding rounds: 3
- Number of investors: 9
You can find their website here.
8) Collective Health
Collective Health provides quality and affordable health insurance plans to individuals, employers, and groups.
Details of the startup:
- Valuation: $1.50B (June 2019)
- Country: United States
- State: California
- City: San Francisco
- Started in: 2013
- Founders: Ali Diab, Rajaie Batniji
- Number of employees: 500-1,000
- Funding: $714.00M
- Funding rounds: 6
- Number of investors: 30
You can find their website here.
9) Extend
Extend provides extended warranties as a service to merchants and innovates the broken customer experience associated with them.
Details of the startup:
- Valuation: $1.36B (May 2021)
- Country: United States
- State: California
- City: San Francisco
- Started in: 2018
- Founders: Joe Moss, Michael Darmousseh, Rohan Shah, Woodrow H. Levin
- Number of employees: 100-250
- Funding: $387.90M
- Funding rounds: 4
- Number of investors: 19
You can find their website here.
10) Marshmallow
Marshmallow is a full-stack insurance carrier driven by technology.
Details of the startup:
- Valuation: $1.25B (September 2021)
- Country: United Kingdom
- State: England
- City: London
- Started in: 2017
- Founders: Alexander Kent-Braham, David Goate, Oliver Kent-Braham
- Number of employees: 100-250
- Funding: $116.20M
- Funding rounds: 4
- Number of investors: 8
You can find their website here.
11) At-Bay
At-Bay is a cybersecurity insurance company that specializes in assisting businesses in confronting digital risk.
Details of the startup:
- Valuation: $1.12B (July 2021)
- Country: United States
- State: California
- City: Mountain View
- Started in: 2016
- Founders: Etai Hochman, Roman Itskovich, Rotem Iram, Tilli Kalisky-Bannett
- Number of employees: 100-250
- Funding: $292.00M
- Funding rounds: 7
- Number of investors: 13
You can find their website here.
12) 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.
13) 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.
14) Vesttoo
Vesttoo is a risk transfer and investment marketplace for non-catastrophe insurance.
Details of the startup:
- Valuation: $1.00B (October 2022)
- Country: Israel
- State: Tel Aviv
- City: Tel Aviv
- Started in: 2018
- Founders: Alon Lifshitz, Ben Zickel, Yaniv Bertele
- Number of employees: 101-250
- Funding: $103.00M
- Funding rounds: 5
- Number of investors: 9
You can find their website here.
15) Wrapbook
Wrapbook provides digital profiles that facilitate onboarding, paying and insuring project workforces compliantly.
Details of the startup:
- Valuation: $1.00B (November 2021)
- Country: United States
- State: New York
- City: New York
- Started in: 2018
- Founders: Ali Javid, Cameron Woodward, Hesham El-Nahhas, Naysawn Naji
- Number of employees: 50-100
- Funding: $130.60M
- Funding rounds: 3
- Number of investors: 10
You can find their website here.
16) Sidecar Health
Sidecar is a personalized health insurance platform that automates the matching of risks and rewards, getting people to better health and lower healthcare costs.
Details of the startup:
- Valuation: $1.00B (January 2021)
- Country: United States
- State: California
- City: El Segundo
- Started in: 2018
- Founders: Patrick Quigley, Veronica Osetinsky
- Number of employees: 50-100
- Funding: $163.00M
- Funding rounds: 3
- Number of investors: 11
You can find their website here.
17) Betterfly
Betterfly is a mission-driven platform for community wellness that turns healthy behaviors into charity donations.
Details of the startup:
- Valuation: $1.00B (February 2022)
- Country: Chile
- City: Santiago
- Started in: 2018
- Founders: Cristobal della Maggiora, Eduardo della Maggiora
- Number of employees: 100-250
- Funding: $202.50M
- Funding rounds: 5
- Number of investors: 17
You can find their website here.
18) 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.