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Trellis Technologies
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Simplifies personal insurance comparison and purchasing
Trellis Technologies
Work Here?
Simplifies personal insurance comparison and purchasing
About Trellis Technologies
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Early VC
Total Funding
$15M
Headquarters
San Francisco, California
Founded
2019
Overview
Trellis Connect simplifies the process of finding, comparing, and purchasing personal insurance, such as auto and home insurance. Its main product, Savvy, is a platform that allows users to quickly and securely share their insurance information, providing clear recommendations in under 60 seconds. This makes the insurance purchasing process faster and more efficient. Trellis Connect stands out from competitors by offering an API that serves as a prefill solution, enabling other applications to integrate its technology for a seamless insurance experience. The company's goal is to enhance the user experience in the complex U.S. insurance market, benefiting both consumers and business partners like insurance companies and financial service providers.
Simplify's Take
What believers are saying
- Increased demand for digital insurance solutions boosts Trellis's market potential.
- Embedded finance trends allow Trellis to expand partnerships and API integrations.
- Focus on data privacy aligns with growing consumer trust and regulatory standards.
What critics are saying
- Rising competition from new insurtech startups may dilute Trellis's market share.
- Data privacy concerns could impact user trust and regulatory compliance.
- Economic downturns may reduce consumer spending on insurance products, affecting revenue.
What makes Trellis Technologies unique
- Trellis Connect uses consumer-permissioned data for secure, personalized insurance recommendations.
- The Savvy platform offers insurance recommendations in under 60 seconds.
- Trellis's API enables seamless integration into partner platforms for a native insurance experience.
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Funding
Total Funding
$15M
Meets
Industry Average
Funded Over
2 Rounds
General CatalystBenefits
Competitive salary + bonuses + equity opportunities
Unlimited PTO
100% employer-paid insurance
401K plan
Annual in-person retreats
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -7%2 year growth
↑ 4%Elephant Insurance, a Virginia-based, digital-first auto insurance company, today announced a new partnership with Trellis, an insurtech enabling financial institutions, fintechs, and other partners to offer embedded insurance through its Savvy platform.
Trellis helps partners integrate insurance as part of their suite of financial offerings. The post Trellis announces investment from Amex Ventures appeared first on Coverager - Insurance news and insights.
RepairPal, a San Francisco-based auto repair network marketing a proposition of high quality and fair prices, has announced a partnership with Trellis (San Francisco), the company pitching a simpler, safer insurance shopping experience to streamline car insurance decisions for consumers, and ultimately help them find the right policy for the best price.
Trellis has raised $10 million in Series A funding led by QED Investors with participation from existing investors NYCA Partners and General Catalyst.
Insurance technology platform Trellis Technologies, Inc., announced today it has raised $10 million in Series A funding led by QED Investors with participation from existing investors NYCA Partners and General Catalyst.
Trellis Technologies is Hiring for 4 Jobs on Simplify!
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About Trellis Technologies
Industries
Fintech
Financial Services
Company Size
51-200
Company Stage
Early VC
Total Funding
$15M
Headquarters
San Francisco, California
Founded
2019
Trellis Technologies is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today