Tech Company Financing Transactions
Boost Insurance Funding Round
Boost Insurance, based in New York, raised $20 million from RRE Ventures, Coatue Management and Conversion Capital.
Transaction Overview
Company Name
Announced On
5/21/2021
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth of its platform new product development and partner marketing, double its team over the next 12-18 months to support growth across its insurtech and embedded partner channels while continuing to expand its API platform features, and roll out a number of additional insurance products in 2021 in collaboration with its partners in the insurtech and broader technology industries.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
530 7th Ave. 1109
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
Boost Insurance USA, Inc. is an independent, technology-enabled insurance platform built to enable emerging insurtech startups that are taking innovative approaches to insurance products, distribution, data analytics, underwriting, and claims.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Maffeo
Chief Technical Officer
Chris Vitone
VP - Bus. Development
Rowley Douglas
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We document funding rounds that are announced publicly. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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