PolicyGenius Secures $5,300,000 Series A Funding Round

  • Feed Type
  • Date
    6/15/2015
  • Company Name
    PolicyGenius
  • Mailing Address
    240 Kent Avenue Brooklyn, NY 11249 USA
  • Company Description
    Frustrating is an understatement. Navigating the world of insurance is confusing, stressful and a step backward in time (hello, fax machines). And even after they’ve bought a policy, people worry they might still be on the hook for something they missed. Our simple mission: To get people the insurance coverage they need and make them feel good about it.
  • Website
    http://www.policygenius.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,300,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funding will be utilized to support PolicyGenius’ already accelerated growth by strengthening their existing product lines, refining individual insurance quoting engines and scaling their marketing and production teams within their Brooklyn, NY offices. The team will use access and insight from the strategic investors to quickly test and iterate new tools and services while expanding their reach and accessibility with expert content, partnerships and affiliates.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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