Tugger is a Tel Aviv-based B2B InsurTech startup that aims to simplify inner city towing troubles for both tourists and locals with their City Towing Insurance (CTI) product. Founded in 2018, Tugger's mission revolves around quick car recovery and hassle-free reimbursement for towing fees incurred due to illegal parking. With CTI, the company offers a white-label service that enhances the care provided by auto insurance, car rental, and roadside assistance companies to their customers. This is achieved by offering support in locating towed vehicles and reimbursing towing expenses. Tugger's innovative solution targets the insurance, insurtech, and mobile industries, catering to the growing demand for streamlined and customer-centric services in urban environments. With no publicly available information on the last investment and investors, Tugger seems to be a promising venture in the burgeoning insurtech space, aiming to address a pressing need in inner-city vehicle recovery.
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