5 years ago
Getsafe Raises $30 Million in Series B Funding Led by Swiss Re
Getsafe, a digital-first insurance startup, has raised $30 million in Series B funding led by Swiss Re
The company plans to use the funding to expand its product offerings and launch products powered by its own insurance license
Getsafe currently has 150,000 active customers and 90 percent of its users buy insurance for the first time.
ProblemFinancial Services
"Making insurance more flexible and accessible, especially for millennials, who often find traditional insurance products confusing and expensive."
Solution
"Getsafe offers a digital-first insurance platform that allows users to customize their coverage and pay only for what they need. The app-based platform makes the process simple and transparent, and they offer a range of insurance products, including home contents, personal possessions, and car insurance."