
United States · Insurance startup
VOOM Insurance is an InsurTech company based in Palo Alto, CA, with an additional office in Tel Aviv, Israel.
Funding reportedLast round: Series A
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.
Funding, as reported
What they build
Known for
consumersinformation technology & servicesinsuranceb2cservicese-commerceinternetconsumer internetondemandmobility
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