Breeze is a US-based startup established in 2019, offering individual and employer-sponsored insurance plans that provide wage replacement in the case of disability or parental leave. The company's slogan, "Our individual and employer-sponsored insurance plans replace your wages in the event of disability or parental leave," encapsulates its core value proposition.
The startup's platform encompasses long-term disability insurance, short-term disability insurance, critical illness insurance, paid parental leave insurance, and group disability insurance. It targets multiple industries including Financial Services, Fintech, Information Technology, Insurance, Insurtech, and Internet.
In August 2023, Breeze secured a $1.98M Seed Round investment from Invest Nebraska, signifying external validation and potential for growth in the insurtech space. This investment reflects confidence from the investor in Breeze's technology-driven solution and its ability to address a crucial need within the workforce.
The company's innovative approach, incorporating industry expertise and technology, positions it as a key player in the insurance and insurtech landscape. With its focus on helping individuals and employers navigate financial challenges during periods of inability to work, Breeze holds promise for delivering meaningful impact and attracting further interest from the investment community.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $1.98M | 1 | 30 Aug 2023 | |
Debt Financing | Unknown | - | 14 Jun 2023 | |
Venture Round | $1.44M | - | 14 Jun 2023 | |
Seed Round | $6.00M | 1 | 21 Oct 2021 | |
Series A | $10.00M | 6 | Silicon Valley Bank | 10 Aug 2021 |
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