Company Overview
Snapshot
Founded in August 2019 by Dean Stern, Demandoo Insurance operates with 1–10 employees. The company secured seed funding in March 2021 from Eyal Waldman.
Business overview
Demandoo Insurance specializes in providing on-demand, usage-based insurance solutions tailored for businesses within the gig, mobility, and shared economy sectors. This includes eScooters, bikes, shared cars, vans, fleets, freelancers, and other temporary workers. The company leverages data from multiple sources and is developing an actuarial-driven AI algorithm to facilitate sophisticated and faster pricing, enabling the creation of flexible, affordable, and simple solutions with built-in safety features customized to client needs. Demandoo operates within the Fintech & Insurtech sector, utilizing API and web platforms.
Strategic signal
In October 2020, Demandoo Insurance partnered with Wolt to provide insurance services for freelancers. This collaboration highlights Demandoo's capability to integrate its on-demand insurance platform with major gig economy players, validating its business model and market relevance for flexible workforce solutions.
Log in to access full profile ›Company Intelligence Q&A
- When was Demandoo Insurance founded?
- Demandoo Insurance was founded in August 2019.
- Who are the founders of Demandoo Insurance?
- Dean Stern is a co-founder of Demandoo Insurance.
- What type of insurance solutions does Demandoo Insurance provide?
- Demandoo Insurance provides on-demand, usage-based insurance solutions for gig, mobility, and shared economy businesses, as well as freelancers and temporary workers.
- What was a key partnership for Demandoo Insurance?
- In October 2020, Demandoo Insurance partnered with Wolt to provide insurance services for freelancers.
- What is Demandoo Insurance's primary sector?
- Demandoo Insurance's primary sector is Fintech & Insurtech.