Policygenius Raises $125M in Series E Funding
Policygenius is an internet based insurance global market that combines cutting-edge innovation with the knowledge of genuine licensed agents to ensure that individuals get the protection they really ought to get to confidently secure their family, assets, and funds recently confirmed a $125 million Series E round steered by established shareholders KKR, Norwest Venture Capital, and Revolution Endeavors. Policygenius will reinvest its new funds in its daily existence, impairment, home, and automobile insurance options.
Additional money will be used to expand Policygenius Pro, an offering for investment planners, individual credit unions, mortgage companies, and other professionals. Advisors can always use Policygenius Pro to assist their clientele in finding, comparing, purchasing, and managing insurance plans, rather than consumers doing it themselves. As per policygenius 125m azevedotechcrunch They’ve been a commodity for millions of people on their insurance excursions since 2014, and they’ve positioned more than $160 billion in covers. Policygenius recently confirmed a $125 million Series E round steered by established shareholders KKR, Norwest Venture Capital, and Revolution Endeavors. As per policygenius 125m azevedotechcrunch
About PolicyGenius
PolicyGenius was originally established in July 2014 by Francois de Lame, Jennifer Fitzgerald. The business’s main offices are in the Greater New York Area, East Coast, Northeastern US. The company is still in operation, and its most recent round of financing was Series E. The corporation ‘s lawful title is Policygenius Inc., and its type of business entity is For Profit. The company focuses on finance, financial services, FinTech, insurance, InsurTech, and the marketplace. As per policygenius 125m azevedotechcrunch
Policygenius Services – How are they different?
Comparison purchasing simplified
There is no need to fill out forms on a dozen various websites when you can start comparing estimates from several renowned insurance providers side by side in minutes with Policygenius’ advanced equipment. Do you already have coverage? They can assist you in re-shopping your plan to find a lower rate.
Advice that prioritizes you
With hundreds of licensed insurance carriers on hand and thousands of fact-checked publications on their website, they have solutions to all of your queries, whether you prefer to speak with somebody live or do your own investigations.
High editorial standards
Their papers are penned and modified by a top-tier editing team before being fact-checked by licensed insurance providers and credentialed money managers.
How does Policygenius earn money?
Because they are an unbiased investment adviser, insurance companies will pay them a fee on each sale. Insurance incentives are already incorporated into the cost of an insurance contract, so you’re not spending anything extra to collaborate with them to purchase a policy. Their remuneration on any specific retailer may vary according to a variety of factors, including that of the sort and quantity of the product, the insurance provider, and the quantity of firm they have with an underwriter, but they do not force for or favor one insurance carrier over another because of the contract.
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Why trust PolicyGenius?
Intelligent tools
Their patented innovation makes it simple to compare personalized quotations and regulations from top-rated policyholders.
Human assistance
Their squad of licensed specialists is available to answer your questions, handle documentation, and assist you in making sound decisions.
Complete autonomy
They are there to serve you, not the insurance carriers. They are your advocates at every step, from researching insurance options to creating changes in policy as your situations change.
Trustworthy security
Their highest priority is your safety. They employ industry-leading security procedures to keep your data safe.
Funding
Policygenius has received $276.1 million in financing over seven rounds. Their most recent revenue comes from a Series E session on March 17, 2022.
27 investors have contributed to the fundraising of Policygenius. The most notable venture capitalists are Revolution Ventures and ORIX Development Capital. As per PrivCo, Policygenius has a post-money appraisal of $500M to $1B as of March 17, 2022.
Conclusion
Policygenius is an internet based insurance global market that combines cutting-edge innovation with the knowledge of genuine licensed agents to ensure that individuals get the protection they really ought to get to confidently secure their family, assets, and funds. Policygenius recently confirmed a $125 million Series E round steered by established shareholders KKR, Norwest Venture Capital, and Revolution Endeavors. The company is still in operation, and its most recent round of financing was Series E. The company focuses on finance, financial services, FinTech, insurance, InsurTech, and the marketplace. There is no need to fill out forms on a dozen various websites when you can start comparing estimates from several renowned insurance providers side by side in minutes with Policygenius’ advanced equipment. Do you already have coverage? They can assist you in re-shopping your plan to find a lower rate. Because they are an unbiased investment adviser, insurance companies will pay them a fee on each sale. Their remuneration on any specific retailer may vary according to a variety of factors, including that of the sort and quantity of the product, the insurance provider, and the quantity of firm they have with an underwriter, but they do not force for or favor one insurance carrier over another because of the contract. They are there to serve you, not the insurance carriers. Their highest priority is your safety. They employ industry-leading security procedures to keep your data safe. Policygenius has received $276.1 million in financing over seven rounds. Their most recent revenue comes from a Series E session on March 17, 2022. 27 investors have contributed to the fundraising of Policygenius. Policygenius recently confirmed a $125 million Series E round steered by established shareholders KKR, Norwest Venture Capital, and Revolution Endeavors.
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Policygenius is an internet based insurance global market that combines cutting-edge innovation with the knowledge of genuine licensed agents to ensure that individuals get the protection they really ought to get to confidently secure their family, assets, and funds.
Policygenius recently confirmed a $125 million Series E round steered by established shareholders KKR, Norwest Venture Capital, and Revolution Endeavors.
The firm’s most recent round of financing was Series E.
PolicyGenius was originally established in July 2014 by Francois de Lame, Jennifer Fitzgerald.
Policygenius has received $276.1 million in financing over seven rounds.
