PolicyMe
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $14M
Investors
- 5
About PolicyMe
Based in Canada, PolicyMe Corp.PolicyMe Corp. is an insurtech company founded in 2018 and headquartered in Toronto, Canada. The firm focuses on simplifying access to insurance products for Canadians. The co-founders, Andrew Ostro and Laura McKay, aimed to disrupt traditional insurance models with a digital-first approach.PolicyMe Insurance provides a variety of core insurance products, including life insurance, critical illness insurance, and health and dental insurance. Life insurance offers term coverage from CAD 100,000 to CAD 5 million for terms of 10 to 30 years, primarily for families with dependents. The critical illness insurance covers 44 conditions, aiding in medical costs and lost income during recovery. Health and dental insurance targets out-of-pocket expenses for services like prescriptions and dental care.PolicyMe generates revenue through direct-to-consumer sales of its insurance products. Customers can purchase policies online after receiving tailored quotes based on their specific needs. Pricing is influenced by factors such as health status, age, and coverage amount. Policies are structured with monthly premiums, renewable annually, ensuring uninterrupted protection for customers.In April 2025, PolicyMe Corp. Future initiatives include launching new insurance products and exploring expansion into additional Canadian provinces.
Who invested in PolicyMe
5 investors across 2 rounds
See all investors in PolicyMe
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about PolicyMe
Who invested in PolicyMe?
PolicyMe has 5 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 PolicyMe raised?
PolicyMe has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PolicyMe last raise money?
PolicyMe's most recent round on record is a Series A, in Nov 2021.
What does PolicyMe do?
Based in Canada, PolicyMe Corp.
Where is PolicyMe headquartered?
PolicyMe is headquartered in Toronto, Canada.
Which VCs invest in companies like PolicyMe?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at PolicyMe's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
Raising like PolicyMe? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.