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 personalized quotes and side-by-side comparison of insurance policies from insurance providers.
History
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, research and compare quotes for life, long-term disability, renters and pet insurance.
Funding
Policygenius was part of the FirstGrowth Winter 2013 batch. In July 2014, Policygenius announced the completion of a seed round[5] 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[6] 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[7] 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 [8] announced on March 24, 2017 from existing investors and new lead investor Norwest Venture Partners.
References
- ↑ 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.
- ↑ "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
This article "PolicyGenius" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:PolicyGenius. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
