Libra Insurance
Personalized Insurance Platform
Company Overview
Snapshot
Founded in December 2017 by Etti Elishkov, Libra Insurance operates with 11–50 employees. The company has raised $7.5 million across one funding round. Libra Insurance completed an Initial Public Offering on the TASE in June 2021, achieving a valuation of $140 million.
Business overview
Libra Insurance is an all-digital insurance company specializing in car, home, and business insurance. The company leverages a personalized model, incorporating unique questions to deliver tailored solutions for clients. Operating within the Fintech & Insurtech sector, Libra Insurance serves markets with its digital-first approach to insurance products.
Strategic signal
Libra Insurance completed its Initial Public Offering on the TASE in June 2021, signaling a significant milestone in its growth trajectory and providing public market validation for its digital insurance model. This IPO positions the company for broader market access and capital for future expansion within the competitive insurtech landscape.
Log in to access full profile ›Company Intelligence Q&A
- What is Libra Insurance's primary business model?
- Libra Insurance operates on a B2C business model, directly offering its digital insurance products to consumers.
- When did Libra Insurance go public?
- Libra Insurance completed its Initial Public Offering on the TASE in June 2021.
- What type of insurance products does Libra Insurance offer?
- Libra Insurance offers a range of personalized digital insurance products, including car, home, business, pet, travel, taxi, and mortgage insurance.
- What was the total capital raised by Libra Insurance?
- Libra Insurance has raised a total of $7.5 million across one funding round.
- What was a notable legal event involving Libra Insurance?
- In September 2019, an Israeli insurance company sued Libra Insurance for using the name Libra.