Fairmatic
Latest round
- Series B
Last raised
- Mar 2023
Total raised
- $88M
Investors
- 4
About Fairmatic
Founded in 2019 by Israeli Jonathan Matus (CEO), and based in California, US, Straight Up Insurance Services, LLC, trading under the name Fairmatic, is an auto insurance agent and underwriting company that uses sensors to gauge and enhance driver safety and set insurance rates accordingly. As of August 2022, the company has around 65 employees in the US, UK, Portugal, India, and Poland. The company provides insurance products and services to licensed insurance companies as well as surplus lines insurance companies by using artificial intelligence and data-driven information to track drivers' speed and accuracy while driving in order to create insurance rates that favor safe drivers.
Who invested in Fairmatic
4 investors across 2 rounds
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Questions about Fairmatic
Who invested in Fairmatic?
Fairmatic has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fairmatic raised?
Fairmatic has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Fairmatic last raise money?
Fairmatic's most recent round on record is a Series B, in Mar 2023.
What does Fairmatic do?
Founded in 2019 by Israeli Jonathan Matus (CEO), and based in California, US, Straight Up Insurance Services, LLC, trading under the name Fairmatic, is an auto insurance agent and underwriting company that uses sensors to gauge and enhance driver safety and set insurance rates accordingly.
Where is Fairmatic headquartered?
Fairmatic is headquartered in San Francisco, US.
Which VCs invest in companies like Fairmatic?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Fairmatic's stage. Their profiles are linked below.
VCs backing insurance startups at Series B
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