VOOM Insurance
Formerly SkyWatch.AI, SkyWatch
On-demand Platform for Specialized Mobility Insurance
Startup B Fintech & Insurtech Est. 2016
Total Raised
$22M
B
Last Round
$15M
4 rounds
Investors
8
8 public
Team
4
11-50 employees
Confidence
91/100
News
9
articles
About
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.
Classification
Sector
Automotive & Mobility TechnologiesUrban MobilityFintech & InsurtechInsurtech
Core Technology
Artificial IntelligenceMachine LearningPlatforms & InterfacesMobile
Target Customer
Energy, Utilities & Waste ManagementConsumers
Business Model
B2CB2BB2G
Tags
fintechrisk-managementmobile-applicationsinsurtechbig-data-analyticsdronessecuritysmart-mobilitysmart-cityrisk-assesmentse-scootersaas
Funding & Events
Oct 2021
B Round $15M
JAL Ventures (Lead), ICON Continuity Fund, UP.Partners, F2 Venture Capital, Verizon Ventures Israel, Arbor Ventures
May 2019
A Round $5M
F2 Venture Capital, Verizon Ventures Israel, Arbor Ventures, Plug and Play, Kaedan Capital
Jan 2018
Seed $2M
F2 Venture Capital, Verizon Ventures Israel, Kaedan Capital
Dec 2016
Seed Undisclosed
News (9)
Oct 5, 2021 · www.calcalistech.com
growth-positive
VOOM raises $15 million to provide insurance to more mobility vehicles
Investment
Aug 18, 2021 · nocamels.com
growth-positive
Israeli Insurtech Firm Voom Launches 1st Per-Mile Motorcycle Insurance
PartnersCustomers
Jul 26, 2021 · www.calcalistech.com
growth-positive
VOOM names Amir Shneider as Head of Marketing
Management Changes
May 6, 2021 · www.prnewswire.com
growth-positive
VOOM Recognized as a Cool Vendor in Gartner 2021 Cool Vendors in Insurance
Partners
Jul 3, 2019 · nocamels.com
growth-positive
With Rise Of E-Scooters, Israeli Startup Voom Creates 1st Personalized AI-Based Insurance Tech
CustomersInvestment
May 22, 2019 · tech.eu
growth-positive
Israeli drone insurance startup VOOM raises $5 million - Tech.eu
Investment
Jan 1, 2019 · uasmagazine.com
growth-positive
DroneUp, SkyWatch.AI collaborate on UAS insurance coverage
PartnersCustomers
Dec 18, 2018 · dronelife.com
growth-positive
DroneUp and SkyWatch.AI Collaboration Puts Automated Insurance Solution into Drone Pilots' Hands - DRONELIFE
Partners
Jan 31, 2018 · www.prnewswire.com
growth-positive
Drone Data Analytics Platform SkyWatch Announces $2 Million in Seed Funding
Investment
Details
Product Stage
Released
Employees
11-50
Exact Count
21
District
Center District
Founded
2016
Registrar
515538437
Crunchbase
skywatch-technologies
Locations
HaArba'a Street 18a, Tel Aviv-Yafo, Israel
3921 Fabian Way, Palo Alto, CA, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
May 14, 2023
Verified by
Yanina Wainscheinker
Missing
markets, not claimed
Team (4)
Tomer Kashi
Co-founder & CEO
Founder
Ori Blumenthal
Co-founder & CTO
Founder
Ronny Ahituv
Co-founder (No longer with the company)
Founder
Amir Shneider
Head of Marketing