Simply is a fintech startup disrupting the life insurance industry by offering quick and easy life, disability, and funeral insurance combos online. Founded in 2016, the company has garnered attention for its innovative approach and disruptive capabilities. With a slogan that emphasizes its online accessibility and simplicity, Simply aims to provide insurance coverage for both individuals and employees through a direct online platform or via brokers. The company's unique selling point lies in its ability to streamline the insurance buying process, eliminating the need for blood tests and paperwork. The recent Corporate Round investment received on 17 October 2023 from Hollard Insurance signifies the confidence and support from established industry players. This investment highlights the potential and growth prospects of Simply within the financial services and fintech sectors. As the company continues to gain traction and expand its partnerships with banks and insurers, the recent investment is a testament to its market viability and disruptive capabilities. Moreover, with its focus on white label partnerships and online broker portals, Simply is poised to reshape the traditional insurance landscape, offering a seamless and efficient insurance experience. In summary, Simply's innovative approach to providing accessible and comprehensive insurance solutions has not only captured the attention of industry players but has also secured a substantial investment from Hollard Insurance. As Simply continues to redefine the insurance industry, the recent investment demonstrates a vote of confidence in its potential and disruptive capabilities within the financial services and fintech industries. As a result, Simply is well-positioned to capitalize on its momentum and drive further innovation within the insurance sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Corporate Round | Unknown | 1 | Hollard Insurance | 17 Oct 2023 |
Venture Round | Unknown | 1 | Yellowwoods | 16 Oct 2018 |
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