# MIC Global

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mic-global

- Industry: Insurance
- Headquarters: New York, US
- Website: www.micglobal.com
- Total disclosed funding: $6M
- Latest round: Seed (Jan 25, 2024)
- Investors on record: 3

## About

Established in 2020 and based in New York, US, MIC Global operates as a microinsurance company that provides insurance solutions for today's digital world and insurance coverage to businesses. In January 2024, MIC Global raised USD 6 million in seed funding led by investor Lauchpad Capital, with participation from other investors Greenlight Re Innovations, and Ironsides Partners. The firm, as of July 2024, has offices in the US, the UK, and India.

The company's flagship product, MiIncome, provides coverage for a variety of risks, including involuntary loss of employment, natural hazards, accidents, health issues, and more. These insurance solutions are designed to mitigate immediate financial impacts by offering automated claims processing and parametric triggers tailored to individual needs. Additional offerings include identity monitoring, travel inconvenience coverage, and protection for goods and technology.

The company plans to utilize the January 2024 funding for team and market expansion.

## Funding rounds

- Seed, Jan 25, 2024, $6M — Ironsides Partners, Greenlight Re Innovations, Launchpad Capital

## Investors

- Ironsides Partners — Seed
- Greenlight Re Innovations — Seed
- Launchpad Capital (https://capitalatlas.ai/funds/launchpad-capital) — Seed
