PolicyMe
PolicyMe is on a mission to put families first with simple and affordable insurance.
PolicyMe is on a mission to put families first with simple and affordable insurance.
PolicyMe is a Canadian startup with a mission to prioritize families by offering accessible and straightforward insurance solutions. The company recognizes the significance of life insurance in securing a stable financial future for individuals and their loved ones. Their commitment lies in simplifying the complexities associated with life insurance, ensuring transparency, customization, and convenience in their advisory services.
Established in 2018, PolicyMe operates in the finance, insurance, insurtech, and life insurance sectors. Their innovative approach involves utilizing a proprietary life insurance algorithm to provide personalized recommendations, setting them apart from traditional commission-based models.
The company recently secured a noteworthy $18.00M Series A investment on 20 September 2022, attracting support from prominent investors including RGAx, SiriusPoint, Westdale Properties, Securian Financial Group, and HCS Capital. PolicyMe's focus on customer-centric disruption within the insurance industry, coupled with their substantial investment, positions them as a compelling player in the evolving insurtech landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $18.00M | 5 |
|
20 Sep 2022 |
| Seed Round | $6.20M | 3 |
|
01 Nov 2021 |
| Seed Round | $3.30M | 2 |
|
11 Mar 2020 |
| Grant | $25.00K | - | 24 Jan 2020 |
No recent news or press coverage available for PolicyMe.
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