Young Alfred

InsuranceSeries APhiladelphia, USyoungalfred.com

Latest round

Series A

Last raised

Oct 2019

Total raised

$11M

Investors

4

About Young Alfred

Based in the US, Young Alfred Inc.Young Alfred Inc. is a digital insurance platform aimed at simplifying the insurance purchasing process for consumers. Founded in 2016 in Philadelphia, US, the company was acquired by Credible Labs Inc. in December 2021 in a move that expanded Credible's service offerings in the lending and insurance sectors. The CEO and founder, Jason Christiansen, has been pivotal in shaping the company's vision since its inception.Young Alfred Inc. operates as a personal insurance marketplace, focusing on facilitating the comparison and purchase of various insurance products, including home, auto, and life insurance.Young Alfred generates revenue through referral fees and commissions earned from insurance carriers and financial institutions when users engage with their services. The B2C model allows users to compare multiple insurance products and obtain quotes, with the company receiving fees from insurers for facilitating these connections., Young Alfred Inc. is poised for growth through the integration of new services and products.00 mn to enhance its technology and expand its product offerings. Plans include developing additional insurance products tailored to specific market segments and potentially entering new geographic regions by 2023, building on its existing customer base to provide a comprehensive one-stop-shop for insurance and lending services.

Who invested in Young Alfred

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Oct 1, 2019

    Amount

    $10M

    Investors

    Locked

  2. Seed

    Oct 8, 2018

    Amount

    $1.3M

    Investors

    Locked

Questions about Young Alfred

Who invested in Young Alfred?

Young Alfred has 4 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 Young Alfred raised?

Young Alfred has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Young Alfred last raise money?

Young Alfred's most recent round on record is a Series A, in Oct 2019.

What does Young Alfred do?

Based in the US, Young Alfred Inc.

Where is Young Alfred headquartered?

Young Alfred is headquartered in Philadelphia, US.

Which VCs invest in companies like Young Alfred?

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

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