Boost Insurance USA
Latest round
- Series B
Last raised
- May 2021
Total raised
- $37M
Investors
- 14
About Boost Insurance USA
Founded in 2017 and headquartered in New York, Boost Insurance USA, Inc. specializes in offering digital insurance solutions for various clients. The company’s founders, Alex Maffeo, Andy Endale, and Jeff Plowman, previously established their credentials in the insurance and technology sectors.Boost Insurance offers a comprehensive digital insurance platform specifically designed for insurtechs, managing general agents (MGAs), and embedded insurance innovators. This platform integrates compliance, capital, and technology into a single API-based solution, enabling clients to efficiently launch and scale insurance programs. Key products include customizable white-label options such as commercial cyber insurance, business owners' insurance, and startup management liability coverage, primarily aimed at small and medium-sized enterprises.Boost Insurance generates revenue through partnerships and B2B transactions, utilizing a subscription-based model that grants clients access to its digital insurance platform. Clients, such as MGAs, engage with Boost to benefit from its infrastructure, allowing efficient management of insurance products tailored to their customers. Revenue is derived from fees related to these partnerships and the deployment of Boost's proprietary insurance solutions.In July 2024, Boost Insurance USA, Inc. The company plans to launch new products designed for various market segments, with a focus on enhancing its existing platform capabilities. Boost aims to expand its market presence geographically, targeting regions in North America, Europe, and select areas in Asia by the end of 2025.
Who invested in Boost Insurance USA
14 investors across 4 rounds
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Questions about Boost Insurance USA
Who invested in Boost Insurance USA?
Boost Insurance USA has 14 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Boost Insurance USA raised?
Boost Insurance USA has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Boost Insurance USA last raise money?
Boost Insurance USA's most recent round on record is a Series B, in May 2021.
What does Boost Insurance USA do?
Founded in 2017 and headquartered in New York, Boost Insurance USA, Inc.
Where is Boost Insurance USA headquartered?
Boost Insurance USA is headquartered in New York, US.
Which VCs invest in companies like Boost Insurance USA?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Boost Insurance USA's stage. Their profiles are linked below.
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