United States · Insurance startup

VOOM Insurance

VOOM Insurance is an InsurTech company based in Palo Alto, CA, with an additional office in Tel Aviv, Israel.

Funding reportedLast round: Series A

InsurancePalo Alto, United States

About VOOM Insurance

VOOM Insurance is an InsurTech company based in Palo Alto, CA, with an additional office in Tel Aviv, Israel.

Founded in 2016, VOOM specializes in usage-based insurance solutions tailored for various mobility segments, including drones, light aircraft, motorcycles, e-bikes, rideshare, and delivery services. The company focuses on providing data-driven, dynamically priced insurance that is more affordable and fairer than traditional models. The core offering from VOOM is on-demand, pay-per-mile insurance, utilizing their proprietary VOOM CORE platform for telematics-based risk analytics. Key products include the world's first pay-per-mile motorcycle insurance, digital drone insurance, e-bike coverage, light aircraft insurance, and a hybrid rideshare policy that charges only for personal miles driven. VOOM has issued over 100,000 policies and is a licensed insurance broker in all 50 U.S. states and Canada, aiming to make insurance more accessible and tailored to individual usage patterns.

What company datasets say VOOM Insurance raised

Funding, as reported

Reported in all$22Min dollars
Rounds4
Last roundSeries A
Last round size$15M
Last round dateOct 2021
Investors listed8

On 2 portfolio pages

Investors who name them

Each firm lists VOOM Insurance on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

consumersinformation technology & servicesinsuranceb2cservicese-commerceinternetconsumer internetondemandmobility

Built with from their website

Amazon SESGoogle Tag ManagerAmazon CloudFrontAtlassianPWALinkedin Insight TagYouTubeGoogle WorkspaceCloudFlareViewport Meta

+8 more

LinkedIn AdsGoogle PlayViteAmazon Simple Email ServiceWebflow HostingApple Business ManagerGoogle MeetCloudFlare CDN

Sector
Insurance
Industry code
NAICS 524210, SIC 6411
Region
California
Revenue
$3.5M a year, as listed
Full record
Every detail in the company directory

Insurance in United States

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