Policygenius
 | |
| ISIN | 🆔 |
|---|---|
| Industry | Insurance |
| Founded 📆 | 2014 |
| Founders 👔 | Jennifer Fitzgerald François de Lame |
| Headquarters 🏙️ | New York City, New York, U.S. |
Area served 🗺️ | United States |
| Products 📟 | Life, Renters, Long-Term Disability, Pet |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
PolicyGenius, branded as Policygenius, is an online insurance sale company that was founded in 2014.[1][2] Policygenius provides provides personalized quotes and side-by-side comparison of insurance policies from insurance providers.
History[edit]
Policygenius was founded in July 2014 by Jennifer Fitzgerald and Francois de Lame.[3] Leveraging their multi-product platform,[4] consumers are able to review advice,[5] research and compare quotes for life, long-term disability, renters and pet insurance.
Funding[edit]
Policygenius was part of the FirstGrowth Winter 2013 batch. In July 2014, Policygenius announced the completion of a seed round[6] with investors Brendan Wallace, Paul Arnold, Ravi Sarma and Pen King.
The company raised its Series A in June 2015, about a year after graduating FirstGrowth. The $5.3 million round[7] included investments from Karlin Ventures, Susa Ventures, MassMutual Ventures, Transamerica Ventures and AXA Strategic Ventures. The round was aimed to expand marketing efforts and target new channels.
The company raised a $15 million Series B[8] announced on January 14, 2016 from returning investors Karlin Ventures and Susa Ventures, and new investor Revolution Ventures led by Steve Case, former CEO of AOL.
The company raised a $30 million Series C [9] announced on March 24, 2017 from existing investors and new lead investor Norwest Venture Partners.
References[edit]
- ↑ Blattberg, Eric. "McKinsey vets launch Policygenius to make insurance shopping less terrible". VentureBeat. Retrieved 14 January 2016.
- ↑ "A Site That Opens Up The Black Box Of Insurance Shopping". Co.Exist. Retrieved 2016-02-04.
- ↑ "Meet The Small Business Hoping To Shake Up America's Insurance Industry". Forbes. Retrieved 2016-02-04.
- ↑ Parker, Tim. "How Policygenius.com Makes Buying Insurance Easier". Investopedia. Retrieved 14 January 2016.
- ↑ Pinola, Melanie. "Policygenius Compares Insurance Rates, Doesn't Violate Your Privacy". Lifehacker. Retrieved 14 January 2016.
- ↑ "Policygenius Obtains $750,000 Seed Funding". Xconomy. Retrieved 14 January 2016.
- ↑ Chernova, Yuliya. "Online Insurance Agent Policygenius Nabs $5.3 Million Series A". Wall Street Journal. Retrieved 14 January 2016.
- ↑ Fairchild, Caroline (14 January 2016). "Inside The Deal: Policygenius Claims Revolution Ventures Largest Investment To Date". LinkedIn Pulse. Retrieved 14 January 2016.
- ↑ Lawler, Ryan. "Policygenius raises $30 million from Norwest Venture Partners". TechCrunch. Retrieved 2017-11-22.
- Insurance for the Agent-Averse Bloomberg Businessweek, August 20, 2015
- Policygenius Compares Insurance Rates, Doesn't Violate Your Privacy Lifehacker, November 6, 2017
External links[edit]
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