PolicyGenius Obtains $15,000,000 Series B Financing Round

  • Feed Type
  • Date
    1/14/2016
  • 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
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The team will use the new influx of Series B funding to expand the company’s product lines and accelerate its growth in the U.S. insurance market, which is the largest in the world with more than $1 trillion of net premiums written annually.
  • M&A Terms
  • Venture Investor
    Revolution Ventures
  • Venture Investor
    Karlin Ventures
  • Venture Investor
    Susa Ventures
  • Venture Investor
    AXA Strategic Ventures
  • Venture Investor
    Transamerica Ventures
  • Venture Investor
    MassMutual Ventures

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