VOOM Insurance
On-demand Platform for Specialized Mobility Insurance
StartupVOOM Insurance is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2016. On-demand Platform for Specialized Mobility Insurance. The company has raised a total of $22M across 4 funding rounds, currently at the B stage. VOOM Insurance was founded by Tomer Kashi, Ori Blumenthal, Ronny Ahituv. Key investors include JAL Ventures, ICON Continuity Fund, UP.Partners, among 8 total investors. The company has 11-50 employees. Core technologies: Artificial Intelligence, Machine Learning, Platforms & Interfaces, Mobile.
With $22M in total funding, VOOM Insurance is a B-stage company operating in Fintech & Insurtech. The company follows a B2C/B2B/B2G business model. Product stage: Released.
- StageB
- ProductReleased
- ModelB2C, B2B, B2G
- Employees11-50
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$15M
- JAL VenturesLead
- ICON Continuity Fund
- UP.Partners
8 investors total
Tomer KashiCo-founder & CEO
Ori BlumenthalCo-founder & CTO
Ronny AhituvCo-founder (No longer with the company)
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What does VOOM Insurance do?
VOOM offers an on-demand, telematics-based insurance technology platform for specialized mobility products designed to protect users for anything they ride, fly, or sail. Its data-driven, usage-based insurance products include multiple high-risk, episodic-usage mobility verticals, including eScooters, eBikes, powersports, motor boats, and small planes. The companys first product, SkyWatch.AI, leverages the power of machine learning to assess and mitigate risks and provide on-demand insurance for thousands of drone pilots operating across the United States. Headquartered in Tel Aviv with an office in Palo Alto, VOOM is a licensed insurance broker in all 50 states in the U.S. VOOM was named a cool vendor in Cool Vendors in Insurance, 2021 by the Gartner Research Group.
How much funding has VOOM Insurance raised?
VOOM Insurance has raised $22M in total funding across 4 rounds. The company is currently at the B stage. Key investors include JAL Ventures, ICON Continuity Fund, UP.Partners.
Who founded VOOM Insurance?
VOOM Insurance was founded in 2016 by Tomer Kashi (Co-founder & CEO), Ori Blumenthal (Co-founder & CTO), Ronny Ahituv (Co-founder (No longer with the company)).
What sector is VOOM Insurance in?
VOOM Insurance operates in Automotive & Mobility Technologies, Urban Mobility, Fintech & Insurtech, Insurtech, with core technologies in Artificial Intelligence, Machine Learning, Platforms & Interfaces, Mobile. Target customers: Energy, Utilities & Waste Management, Consumers.
Where is VOOM Insurance located?
VOOM Insurance is based in HaArba'a Street 18a, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.