Insurify operates as a digital insurance comparison platform that helps individuals and families find, compare, and buy insurance policies. Users answer a few questions on the site and receive real-time quotes from multiple providers, enabling side-by-side comparisons without hidden fees. Policies can be purchased through the platform, and Insurify earns revenue by receiving commissions from insurance providers for each policy sold, allowing the service to be free for users. Unlike single-provider brokers, Insurify aggregates quotes from many insurers, helping users discover potential savings (the company claims users can save hundreds of dollars on annual premiums). The platform is supported by a team of insurance experts, personal finance writers, and data scientists led by Evelyn Pimplaskar (Director of Content), with a focus on clear, transparent information and real-time pricing to streamline the shopping and purchasing process.
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$154.1M
Headquarters
Cambridge, Massachusetts
Founded
2013
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