Matic is a digital platform that helps people find the best prices for home and auto insurance by comparing quotes from a network of 40 A-rated carriers. Users enter their information, and the system quickly pulls and compares quotes in seconds, enabling easy comparison and cost savings (average savings around $639). Revenue comes from commissions paid by carriers when a customer buys a policy through Matic. The company distinguishes itself through its wide carrier network, fast quote retrieval, and partnerships with mortgage servicers to verify home information and improve quote accuracy. Its goal is to make insurance shopping quick, simple, and affordable for consumers.
Company Size
201-500
Company Stage
Growth Equity (Venture Capital)
Total Funding
$81.5M
Headquarters
Columbus, Ohio
Founded
2014
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