# VOOM Insurance: Insurance, Palo Alto, United States

> VOOM Insurance: VOOM Insurance is an InsurTech company based in Palo Alto, CA, with an additional office in Tel Aviv, Israel. Based in Palo Alto, United States.

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

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

# VOOM Insurance

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

Funding reported Last round: Series A

Insurance Palo Alto, United States

Company summary

- **Founded:** 2016 10 years old
- **Team:** 15 11 to 50 people
- **Funding reported:** $22M in dollars
- **Last round:** Series A Oct 2021

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 VOOM Insurance 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 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 **$22M** in dollars

Rounds **4**

Last round **Series A**

Last round size **$15M**

Last round date **Oct 2021**

Investors listed **8**

## On 2 portfolio pages

Investors who name them

- [Up Partners](https://millionrounds.com/fund/up-partners)
- [Arbor Ventures](https://millionrounds.com/fund/arbor-ventures)

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

consumers information technology & services insurance b2c services e-commerce internet consumer internet ondemand mobility

Built with from their website

Amazon SES Google Tag Manager Amazon CloudFront Atlassian PWA Linkedin Insight Tag YouTube Google Workspace CloudFlare Viewport Meta

+8 more

LinkedIn Ads Google Play Vite Amazon Simple Email Service Webflow Hosting Apple Business Manager Google Meet CloudFlare 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](https://millionrounds.com/directory/voom-insurance)

## Insurance in United States

Startups like it

- [**Reserv** New York · founded 2022 *Raised*](https://millionrounds.com/company/reserv)
- [**Decisely** Alpharetta · founded 2015 *Raised*](https://millionrounds.com/company/decisely)
- [**Luzern Risk** New York · founded 2023 *Raised*](https://millionrounds.com/company/luzern-risk)
- [**Health IQ** Mountain View · founded 2014 *Raised*](https://millionrounds.com/company/health-iq)
- [**Clearcover** Chicago · founded 2016 *Raised*](https://millionrounds.com/company/clearcover)
- [**Vouch Insurance** San Francisco · founded 2018 *Raised*](https://millionrounds.com/company/vouch-insurance)
- [**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?

Add your raise, your deck and your story, and put VOOM Insurance in front of investors. Or tell us what we have wrong.

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