# Degree Insurance Co.: Insurance, Arlington Heights, United States

> Degree Insurance Co.: Degree Insurance Co. (DI) provides income insurance specifically for college graduates, ensuring minimum earnings for five years after...

Source: https://millionrounds.com/startup/degree-insurance-co (Millionrounds; every figure on the page links to its filing or article)

United States · [Insurance startup](https://millionrounds.com/companies)

# Degree Insurance Co.

Degree Insurance Co. (DI) provides income insurance specifically for college graduates, ensuring minimum earnings for five years after graduation based on their major.

Funding reported Last round: Seed

Insurance Arlington Heights, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 2 1 to 10 people
- **Funding reported:** - none reported
- **Last round:** Seed Jul 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Degree Insurance Co. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Degree Insurance Co.

Degree Insurance Co. (DI) provides income insurance specifically for college graduates, ensuring minimum earnings for five years after graduation based on their major.

If actual earnings fall short, the company offers payouts to help graduates manage their financial situations. Operating primarily in Illinois through The Education Insurance Corporation of Illinois, DI partners with colleges to offer its "American Dream Insurance" to entire classes of undergraduates. Founded by CEO Wade Eyerly and co-founder Dennis Murashko, Degree Insurance aims to address issues of educational failure and student debt. The guaranteed salary is calculated based on the student's major and institution. Graduates can submit claims through an online portal, and if their total earnings are below the guaranteed amount, DI pays the difference. The company is currently piloting its product with Augustana College and is actively seeking additional institutional clients.

## What company datasets say Degree Insurance Co. raised

Funding, as reported

The last round reported **Seed** Jul 2020

Last round date **Jul 2020**

## The company, in detail

What they build

Known for

post-graduate earnings guarantee claim payout income security student retention student financial protection income protection student career support education information technology & services insurance financial services finance education investment insurance student career guarantee student financial outcome guarantee student success program

Built with from their website

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+5 more

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- **Sector:** Insurance
- **Industry code:** NAICS 61131, SIC 8299
- **Region:** Illinois
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/degree-insurance-co)

## Insurance in United States

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- [**Pie Insurance** Washington · founded 2017 *Raised*](https://millionrounds.com/company/pie-insurance)
- [**Federato** San Francisco · founded 2020 *Raised*](https://millionrounds.com/company/federato)

## Is this your company?

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