Work Here?
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$154.1M
Headquarters
Cambridge, Massachusetts
Founded
2013
Insurify is a digital platform that helps users compare and purchase insurance policies. It allows individuals and families to receive real-time quotes from various insurance providers by answering a few simple questions. This process makes it easy for users to find the best insurance options without hidden fees. Insurify claims that users can save an average of $717 on their annual premiums by using their service. The company operates on a commission-based model, earning money from insurance providers for each policy sold through its platform, which enables them to offer their services for free to clients. Insurify's team includes experts in personal finance and the insurance industry, ensuring that users receive reliable information and support.
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Total Funding
$154.1M
Above
Industry Average
Funded Over
5 Rounds
Health Insurance
Dental Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Family Leave
Generous company holiday calendar
Learning & Development Stipends
Catered lunches in the office
Social impact volunteer time
Stock Options
You may be aware that President Donald Trump’s tariff war with Canada and Mexico will see Americans paying more for consumer goods, but have you considered the cost of services will also rise? According to a February report from Insurify, the cost of full-coverage car insurance in the U.S. could increase by 8% on average this year if Trump persists on 25% import tariffs on car parts made in Mexico and Canada. Plus, with Canadian steel and aluminum facing the same tariff, the price of manufacturing auto parts in America could also skyrocket. The cost of auto parts is a major factor in the final price of your auto insurance. The car industry in the U.S. is highly reliant on our neighbors to the north and south, as the U.S
Florida drivers already pay some of the highest car insurance rates in the U.S., and those rates could go even higher if President Trump’s automotive tariffs go into effect in April. Floridians currently pay an average of $263 per month for full coverage car insurance, which is the fifth-highest rate in the nation, according to Insurify. The company’s study found that tariffs introduced by Trump could drive car insurance costs up by as much as 13% by the end of 2025. For Florida drivers, this means annual insurance premiums could reach $3,576 — an increase of $410 — with approximately 92 of those dollars directly tied to Trump’s tariffs. But it's not just Florida drivers who will feel this pinch. Here's why tariffs matter for policyholders across the country, and what you can do to manage rising costs
Giorgos Zacharia joins Insurify as co-CEO.
Insurify- DriveSmart has partnered with Insurify to offer a new service that allows customers to compare auto insurance quotes in less than five minutes.
Ualett partners with Insurify to go beyond cash advances and bring gig economy workers access to insurance solutions.
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Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$154.1M
Headquarters
Cambridge, Massachusetts
Founded
2013
Find jobs on Simplify and start your career today