PlanGap
Latest round
- Series A
Last raised
- Dec 2021
Total raised
- $9.4M
Investors
- 1
About PlanGap
PlanGap is an insurance company focused on innovative solutions to protect Social Security benefits for American retirees.PlanGap was founded in 2017 in Atlanta, US, with the goal of offering unique insurance products that address the concerns surrounding Social Security benefits. The company has not undergone any notable pivots and does not have known subsidiaries. The founder's history is not specified, and there is no indication of prior ventures.PlanGap specializes in providing innovative insurance products and solutions aimed at addressing the concerns surrounding Social Security benefits for American retirees. Their core offerings include a suite of Social Security protection products designed to mitigate the risk of benefit reductions due to government actions. These solutions can be implemented as standalone policies or as value-added riders integrated into existing life or annuity products. The company aims to empower insurance carriers and reinsurers with end-to-end solutions, from actuarial design to claims management. PlanGap’s clientele includes insurance companies and financial institutions across the United States, helping them offer tailored retirement solutions to their customers.PlanGap generates revenue through partnerships with insurance carriers and by providing comprehensive solutions targeting the retirement planning sector. The revenue model is structured around B2B transactions, where insurance companies integrate PlanGap's Social Security protection solutions into their own offerings. This includes consulting services in product creation and pricing, along with access to the PlanGap Advisory System, which keeps carriers updated on Social Security changes and their implications. Transactions may involve subscription models for continued access to data insights and analytics, as well as fees associated with product development and claims management platforms. Specific details about upcoming products or market expansions have not been disclosed.
Who invested in PlanGap
1 investor across 1 round
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Funding rounds
Series A
Dec 13, 2021
Amount
$9.4M
Investors
Questions about PlanGap
Who invested in PlanGap?
PlanGap has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PlanGap raised?
PlanGap has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PlanGap last raise money?
PlanGap's most recent round on record is a Series A, in Dec 2021.
What does PlanGap do?
PlanGap is an insurance company focused on innovative solutions to protect Social Security benefits for American retirees.
Where is PlanGap headquartered?
PlanGap is headquartered in Atlanta, US.
Which VCs invest in companies like PlanGap?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at PlanGap's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
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