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Insurify

Insurify

An insurance technology company offering a platform for comparing and purchasing automobile insurance.

Insurify is an insurance technology company offering a platform for comparing and automobile purchasing insurance that is headquartered in Cambridge, Massachusetts and was founded in 2013 by Snejina Zacharia and Giorgos Zacharia.

Funding
Seed

On January 28, 2016 Insurify completed their seed funding round with $2 million in funding from Rationalwave Capital Partners.

Venture

On March 16, 2017 Insurify completed a venture funding round with $4.6 million in funding from Nationwide ventures and MassMutual Ventures.

Timeline

September 1, 2021
Insurify closes $100,000,000 in an “oversubscribed” Series B funding round led by Motive Partners with participation from Viola FinTech, MassMutual Ventures, Nationwide, Hearst Ventures and Moneta VC, Viola Growth and Fort Ross Ventures.
September 1, 2021
Insurify raises a $100,000,000 series B round from Fort Ross Ventures, Hearst Ventures, MassMutual Ventures, Moneta VC, Motive Partners, Viola FinTech and Viola Growth.
January 15, 2020
Insurify raises a $23,000,000 series A round from MassMutual Ventures and Viola FinTech.
May 6, 2013
Insurify was founded.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Insurify - Simpler, easier car insurance comparison

April 7, 2016

Insurify gets $4.6 million funding for car insurance shopping app

Allie Sanchez

Web

March 16, 2017

Insurify: The Startup Building the Future of Auto Insurance

Expert Insights

Web

November 8, 2017

Snejina Zacharia, CEO Insurify (Part 1)

August 23, 2016

Snejina Zacharia, CEO Insurify (Part 2)

August 23, 2016

News

Title
Author
Date
Publisher
Description
Mary Ann Azevedo
September 1, 2021
TechCrunch
How many of us have not switched insurance carriers because we don't want to deal with the hassle of comparison shopping? A lot, I'd bet. Today, Insurify, a startup that wants to help people make it easier to get better rates on home, auto and life insurance, announced that it has closed $100 million in [...]
Alex Wilhelm
January 15, 2020
TechCrunch
The venture-backed insurance world is more than the Lemonades and MetroMiles of the world. There's more room in the industry for startups to shake things up. One such company, Cambridge-based Insurify, is out today with a new venture round that greatly expands its capital base. The startup, which had accepted just $6.6 million over two [...]

References

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