Matic Insurance Services

InsuranceSeries BColumbus, USmatic.com

Latest round

Series B

Last raised

Oct 2023

Total raised

$50M

Investors

21

About Matic Insurance Services

Matic Insurance Services, Inc.Matic Insurance Services, Inc. is an insurance technology firm that specializes in providing a seamless platform for home and auto insurance comparison. Founded in 2014 in Columbus, US, the company was established by Benjamin Madick and Sue Foster.Matic Insurance Services, Inc. offers a streamlined insurance comparison platform that simplifies obtaining home and auto insurance. By connecting customers with over 40 A-rated insurance carriers, Matic allows users to quickly acquire quotes through a brief and pre-filled form, ensuring an unbiased selection process.Matic generates revenue through commissions from insurance carriers when customers switch their policies using the platform. The business model emphasizes direct interactions with consumers, enabling them to compare and purchase insurance, while also fostering partnerships with mortgage originators and financial institutions.In January 2025, Matic Insurance Services, Inc. Matic plans to introduce new products designed to enhance user experience and expand its reach into additional markets across the United States. Specific geographic regions and timelines for these expansions have yet to be detailed.

Who invested in Matic Insurance Services

21 investors across 4 rounds

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Funding rounds

  1. Series B

    Oct 11, 2023

    Amount

    $17M

    Investors

    Locked

  2. Series B

    Oct 15, 2020

    Amount

    $24M

    Investors

    Locked

  3. Series B

    Oct 13, 2017

    Amount

    $7.1M

    Investors

    Locked

  4. Seed

    Sep 20, 2017

    Amount

    $2.3M

    Investors

    Locked

Questions about Matic Insurance Services

Who invested in Matic Insurance Services?

Matic Insurance Services has 21 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 Matic Insurance Services raised?

Matic Insurance Services has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Matic Insurance Services last raise money?

Matic Insurance Services's most recent round on record is a Series B, in Oct 2023.

What does Matic Insurance Services do?

Matic Insurance Services is a insurance company.

Where is Matic Insurance Services headquartered?

Matic Insurance Services is headquartered in Columbus, US.

Which VCs invest in companies like Matic Insurance Services?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Matic Insurance Services's stage. Their profiles are linked below.

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