PolicyGenius is an insurance technology company offering an online platform for purchasing and comparing insurance that is headquartered in New York City, New York and was founded in 2014 by Francois de Lame and Jennifer Fitzgerald.
On March 1, 2014 PolicyGenius completed their seed funding round with $750,000 in funding from Otter Rock Capital, Pen King, Paul Arnold, and Brendan Wallace.
On June 15, 2015 PolicyGenius completed their series A funding round with $5.3 million in funding from Susa Ventures (lead investor), Karlin Ventures (lead investors), Tribeca Angels, Transamerica Ventures, Switch Ventures, Otter Rock Capital, MassMutual Ventures, AXA Venture Partners, and Brendan Wallace.
On January 14, 2016 PolicyGenius completed their series B funding round with $15 million in funding from Revolution (lead investor), Transamerica Ventures, Switch Ventures, Susa Ventures, MassMutual Ventures, Karlin Ventures, and AXA Venture Partners.
PolicyGenius raises $30 million from Norwest Venture Partners
May 24, 2017
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- InsuranceEquitable transfer of the risk of a loss, from one entity to another in exchange for payment
- Insurance TechnologyAn industry around technology applied to insurance sometimes also referred to as Insurtech or Insuretech, whereby companies sell or distribute insurance or related products (such as data) digitally.