Boost

company

About

Boost’s API-driven infrastructure makes it easy for any company to increase customer value by offering embedded insurance.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$20M
Industries
Financial Services,FinTech,Insurance,InsurTech
Founded date
Feb 1, 2017
Number Of Employee
51 - 100
Operating Status
Active

Boost Insurance empowers any company to engage with their customers and increase sales by offering insurance through their own digital experience. Licensed to develop and distribute P&C insurance products in all 50 states, Boost provides insurance infrastructure-as-a-service that packages the necessary compliance, operational, capital, and technological components of an insurance program into a turnkey white-labeled solution, accessible via a simple API integration. Businesses that choose Boost can reduce the cost and complexity of building and managing their insurance function, and quickly begin engaging their customers with valuable insurance products.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$37M
Boost has raised a total of $37M in funding over 2 rounds. Their latest funding was raised on May 20, 2021 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 20, 2021 Series B $20M 2 Detail
Feb 5, 2020 Series A $14M 2 Detail
Aug 24, 2018 Seed 2 Detail
Sep 26, 2017 Seed $3M 1 Norwest Venture Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
4
Boost is funded by 4 investors. Gaingels and Global publicly traded reinsurance company are the most recent investors.
Investor Name Lead Investor Funding Round
Gaingels Series B
Global publicly traded reinsurance company Series B
Norwest Venture Partners Series A
Tusk Venture Partners Series A