Matic was founded by Aaron Schiff, Benjamin Madick in 2014.

Who are Matic's investors?

Matic's investors include Anthemis Venture, Base Venture Management, Inc., Clocktower Ventures, IA Capital Group, ManchesterStory Group, LLC, MTECH CAPITAL, Plug and Play Ventures, TruStage Ventures and 4 more.

How much funding has Matic raised?

Matic has disclosed $49.5M raised across 2 of its 4 known rounds.

Where is Matic headquartered?

Matic is headquartered in Colombus, US.

Matic

Colombus, US · Founded 2014 · 302 employees on LinkedIn · 19 known investors

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Matic is a digital insurance marketplace that connects homeowners and auto insurance seekers with 60+ A-rated carriers through an embedded digital experience offered to distribution partners. The platform serves mortgage originations, mortgage servicing, banking, and credit unions, simplifying insurance shopping as part of the home and auto ownership journey.

B2B Marketplaces Fintech InsurTech

Founders & leadership

Matic was founded in 2014 by Aaron Schiff and Benjamin Madick.

Aaron SchiffCo-founder

Benjamin Madick Co-Founder & CEOBen Madick is co-founder and CEO of Matic, a digital insurance marketplace. He previously founded the mortgage risk management consulting firm MQMR and HQ Vendor Management, served as president of Subsequent QC, and spent five years as a correspondent lending executive at Bank of America; he holds a B.S. in Business Administration and Finance from the University of Arizona.

Stuart RhodesNamed on SEC filing

Andrew LernerNamed on SEC filing

Ronald Hess, Jr.Named on SEC filing

Jeff SnyderNamed on SEC filing

Lee MaliniakNamed on SEC filing

Board

Amy NauiokasBoard director

Investors · 19

Anthemis Venturelisted by Anthemis VentureNew York · $500K – $7M

How we know: Anthemis Venture's portfolio page · board seat on SEC Form D · Not right? Tell us

Base Venture Management, Inc.listed by Base Venture Management, Inc.Oakland · $100K – $700K

How we know: Base Venture Management, Inc.'s portfolio page · the VCSheet dataset · Not right? Tell us

Clocktower Ventureslisted by Clocktower VenturesSanta Monica · $100K – $20M

How we know: Clocktower Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

IA Capital Grouplisted by IA Capital GroupNew York

How we know: IA Capital Group's portfolio page · a partner's Signal profile · globenewswire.com · Not right? Tell us

ManchesterStory Group, LLClisted by ManchesterStory Group, LLCWest Des Moines

How we know: ManchesterStory Group, LLC's portfolio page · funding news · press coverage · Not right? Tell us

MTECH CAPITALlisted by MTECH CAPITALSanta Monica

How we know: a partner's Signal profile · globenewswire.com · the VCSheet dataset · Not right? Tell us

Plug and Play Ventureslisted by Plug and Play VenturesSilicon Valley · $50K – $400K

How we know: plugandplaytechcenter.com · Not right? Tell us

TruStage Ventureslisted by TruStage VenturesMadison · $1M – $5M

How we know: globenewswire.com · Not right? Tell us

Cultivation CapitalreportedSt. Louis · $100K – $3.5M

How we know: globenewswire.com · the VCSheet dataset · Not right? Tell us

NationwidereportedSwindon

How we know: funding news · press coverage · Not right? Tell us

Primus Capitalreported

How we know: press coverage · funding news · Not right? Tell us

Vistara GrowthreportedVancouver

How we know: funding news · press coverage · Not right? Tell us

Also in the syndicate · 7

Allstate Strategic VenturesAssurity VenturesBayshore CapitalFenway SummerIntuit VenturesNationwide VenturesVenice Investments

Funding

SEC filings, press & company announcements

$49.5M disclosed across 2 of 4 rounds · 2020–2026

Undisclosed amountSeries BOct 2023
Cultivation Capital (lead), IA Capital Group (lead), Allstate Strategic Ventures, Assurity Ventures, Bayshore Capital, Fenway Summer, Intuit Ventures, MTech Capital, Nationwide Ventures, TruStage Ventures, Venice Investments
Source ↗

▶$25MraisedAug 2026 · 2 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Stuart RhodesExecutive Officer, Director
Benjamin MadickExecutive Officer, Director
Aaron SchiffDirector
Andrew LernerDirector
Ronald Hess, Jr.Director
Jeff SnyderExecutive Officer
Lee MaliniakExecutive Officer

Offering amount: $25M
Amount sold: $25M
Proceeds to insiders: $3.9M
First sale: Jan 2026
Incorporated: Corporation, Nevada
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$24.5MraisedNov 2020 · 26 investors · Insurance

Rule 506(b)

Officers, directors & promoters on the filing

Benjamin MadickExecutive Officer, Director
Aaron SchiffDirector
Stuart RhodesExecutive Officer, Director
Andrew LernerDirector
Amy NauiokasDirector

Offering amount: $24.5M
Amount sold: $24.5M
Proceeds to insiders: $1.4M
First sale: Jun 2020
Incorporated: Corporation, Nevada
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

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

Founder mafia

2 people who came through Matic went on to found or lead other companies.

Ophir TanzAdvisorFounded Pearl +1 Amy NauiokasBoard MemberFounded Anthemis

Related companies · 6

LibertymutualLiberty Mutual provides commercial insurance solutions across multiple industries, including cyber insurance, property, liability, and workers compensation coverage tailored to business needs.

Policy GeniusPolicygenius is an online insurance marketplace that provides consumers with free, tailored quotes and support from licensed agents across life, auto, home, and disability insurance. It helps individuals compare policies from multiple insurers and choose coverage that fits their needs.

InsurifyInsurify operates an online insurance-comparison marketplace that pulls real-time, personalized quotes from 120-plus insurers (including GEICO, Allstate, and Progressive) for auto, home, renters, and pet insurance, letting shoppers compare policies and buy online or with a licensed agent. Its AI-powered tools include a policy-upload feature, and it also offers Insurify Car, a liability-only auto policy with weekly installment payments; the company is a licensed agency in all 50 U.S. states.

LemonadeLemonade is a digital insurance provider offering homeowners, renters, car, pet, and term life insurance policies. The company uses AI to streamline policy underwriting and claims processing, targeting consumers seeking affordable insurance with fast, digital-first service.

Hippo Home InsuranceHippo is an online insurance marketplace that helps customers find and compare home insurance policies, auto insurance, and flood coverage from top-rated carriers through a streamlined quoting process.

ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.

Companies working in the same space as Matic.

In the news

Matic secures Primus Capital investment and Policygenius P&C bookfintech.global · Jun 2026

Matic Insurance Services Secures $30M from Vistara Growthfinsmes.com · Jan 2025

Matic Raises $20M Series B Extension Up-Round With New Investorsglobenewswire.com · Oct 2023

Frequently asked questions

What does Matic do?: Matic is a digital insurance marketplace that connects homeowners and auto insurance seekers with 60+ A-rated carriers through an embedded digital experience offered to distribution partners. The platform serves mortgage originations, mortgage servicing, banking, and credit unions, simplifying insurance shopping as part of the home and auto ownership journey.
Who founded Matic?: Matic was founded by Aaron Schiff, Benjamin Madick in 2014.
Who are Matic's investors?: Matic's investors include Anthemis Venture, Base Venture Management, Inc., Clocktower Ventures, IA Capital Group, ManchesterStory Group, LLC, MTECH CAPITAL, Plug and Play Ventures, TruStage Ventures and 4 more.
How much funding has Matic raised?: Matic has disclosed $49.5M raised across 2 of its 4 known rounds.
Where is Matic headquartered?: Matic is headquartered in Colombus, US.