# Marble Pay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/marble-pay

- Industry: Insurance
- Headquarters: New York, US
- Website: www.marblepay.com
- Total disclosed funding: $6.7M
- Latest round: Seed (Nov 7, 2022)
- Investors on record: 10

## About

Marble Pay Inc. is a US-based company specializing in digital insurance management, providing a platform that consolidates and optimizes various insurance policies for users, enhancing their overall insurance experience.Founded in 2019 and headquartered in New York, US, Marble Pay Inc. focuses on simplifying the insurance process for clients through a digital platform. The company has successfully raised USD 4.23 mn in a Seed funding round on November 7, 2022, led by Distributed Ventures, with additional investors including Blue Collective and Goodwater Capital. Stuart Winchester serves as the CEO and Founder of the company.Marble Insurance offers a comprehensive digital platform designed to manage various insurance policies, including home, auto, and life insurance. By consolidating, monitoring, and optimizing these policies, the platform aims to streamline the insurance experience for its users, ultimately saving them both time and money. Marble's primary functionality revolves around its ability to automatically search for better rates on existing policies. It caters to a diverse clientele, including homeowners, families, and individuals looking to simplify their insurance management, with services primarily focused in the United States.Marble Insurance generates revenue through a subscription-based model that allows users to access its insurance management services. Clients create profiles to upload their insurance policies, which Marble then actively monitors for better pricing options. This transactional structure focuses on providing a direct-to-consumer service, enabling users to receive tailored recommendations based on their personal circumstances, such as buying a house or growing their family. The company’s partnership with The Zebra enhances its capacity to deliver competitive offerings, while the efficiency of its platform allows Marble to maintain an ongoing relationship with users, facilitating potential upselling or cross-selling of additional insurance products.In November 2022, Marble Pay Inc. raised USD 4.23 mn in Seed funding, which will be utilized to expand its engineering and marketing team and invest in deeper user research practices. The company is targeting new products aimed at enhancing user engagement and satisfaction, with planned launches within the next 12 months. Additionally, Marble aims to expand its operations into international markets, leveraging its partnership with The Zebra to enhance its service offerings beyond the current base in the United States.

## Funding rounds

- Seed, Nov 7, 2022, $4.2M — IA Capital Group, Goodwater Capital, Blue Collective, Reciprocal Ventures, MS&AD Ventures, Ce Innovation Capital, Distributed Ventures
- Seed, Feb 10, 2021, $2.5M — IA Capital Group, HU Investments, Fintech Ventures Fund, Reciprocal Ventures, MS&AD Ventures, The Takoma Group

## Investors

- IA Capital Group (https://capitalatlas.ai/funds/ia-capital-group) — Seed
- HU Investments (https://capitalatlas.ai/funds/hu-investments) — Seed
- Fintech Ventures Fund (https://capitalatlas.ai/funds/fintech-ventures-fund) — Seed
- Reciprocal Ventures (https://capitalatlas.ai/funds/reciprocal-ventures) — Seed
- MS&AD Ventures (https://capitalatlas.ai/funds/ms-ad-ventures) — Seed
- The Takoma Group (https://capitalatlas.ai/funds/the-takoma-group) — Seed
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Seed
- Blue Collective (https://capitalatlas.ai/funds/blue-collective) — Seed
- Ce Innovation Capital — Seed
- Distributed Ventures (https://capitalatlas.ai/funds/distributed-ventures) — Seed