Fundraising Fox

Boost Insurance

New York, US · Founded 2017 · 11 known investors

Find your way into Boost Insurance

Boost operates an API-based insurance platform that packages compliance, carrier capital, and technology infrastructure so companies can launch and manage insurance programs. It serves insurtechs, MGAs, brokers, reinsurers, and embedded insurance providers with white-label products, a policy admin system, data dashboards, and reinsurance capacity.

Founders & leadership

Boost Insurance was founded in 2017 by Alex Maffeo.

AMAlex Maffeo
Alex MaffeoinFounder
LL
Luke LedbetterNamed on SEC filing
JH
Jared Hyatt𝕏Named on SEC filingInvestor at Norwest Venture Partners

Board

ALAndrew Lerner
Andrew LernerinBoard directorManaging Partner at IA Capital Group

Investors · 11

Reported raises · per SEC filings

Form D private placements

$34.5M disclosed across 3 rounds · 2017–2021

$20MraisedJun 2021 · 9 investors · Insurance
Rule 506(b)
Officers, directors & promoters on the filing
  • Luke LedbetterDirector
  • Jason BlackDirector
  • Alex MaffeoExecutive Officer, Director
  • Ellie WheelerDirector
Offering amount
$20M
Amount sold
$20M
First sale
May 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$11.5MraisedFeb 2020 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Bennett SiegelDirector
  • Ellie WheelerDirector
  • Luke LedbetterDirector
  • Andrew LernerDirector
  • Alex MaffeoExecutive Officer, Director
Offering amount
$11.5M
Amount sold
$11.5M
First sale
Jul 2019
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3MraisedOct 2017 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew LernerExecutive Officer, Director
  • Alex MaffeoExecutive Officer, Director, Promoter
  • Luke LedbetterDirector
  • Jared HyattDirector
Offering amount
$3M
Amount sold
$3M
First sale
Aug 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 6

by search overlap
Insureon98 shared keywordsInsureon is a digital insurance agency that helps small business owners compare and purchase commercial insurance policies from over 100 carriers online. Operating across all U.S. states, it serves small businesses across 900+ industries and has delivered over 1.8 million policies.
Libertymutual96 shared keywordsLiberty Mutual provides commercial insurance solutions across multiple industries, including cyber insurance, property, liability, and workers compensation coverage tailored to business needs.
Nextinsurance93 shared keywordsNEXT Insurance (ERGO NEXT) sells small-business insurance online, including general liability policies with product liability coverage for retailers, online sellers, wholesalers, and product makers. Customers can get a quote, customize coverage, and buy policies in about 10 minutes, with a mobile app for managing documents and filing claims.
Covered69 shared keywordsCovered operates a homeowners insurance marketplace connecting mortgage borrowers with 80+ carriers across all 50 states, offering quote comparison, licensed advisor guidance, and renewal re-shopping to help borrowers secure adequate coverage and competitive rates.
Inszoneinsurance69 shared keywordsInszone Insurance Services is a full-service insurance agency that offers personalized, comprehensive insurance solutions across multiple states in the USA. The company operates as a customer-centric broker maintaining relationships with multiple carriers to help customers find competitive coverage options.
Embroker60 shared keywordsEmbroker is a digital-first business insurance provider that lets companies compare, purchase, and manage commercial insurance policies online, combining an insurance platform with expert broker support. It offers industry-specific coverage for businesses such as tech startups and law firms across the United States.

Companies competing with Boost Insurance for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Boost Insurance do?
Boost operates an API-based insurance platform that packages compliance, carrier capital, and technology infrastructure so companies can launch and manage insurance programs. It serves insurtechs, MGAs, brokers, reinsurers, and embedded insurance providers with white-label products, a policy admin system, data dashboards, and reinsurance capacity.
Who founded Boost Insurance?
Boost Insurance was founded by Alex Maffeo in 2017.
Who are Boost Insurance's investors?
Boost Insurance's investors include IA Capital Group, RRE Ventures, Tusk Venture Partners, Coatue Management, Conversion Capital, FIN VC, Gaingels, Greycroft and 3 more.
How much funding has Boost Insurance raised?
Boost Insurance has disclosed $34.5M raised across 3 rounds.
Where is Boost Insurance headquartered?
Boost Insurance is headquartered in New York, US.