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ETAP

Auto Insurance was broken but we've fixed it! Get Instant cover, Instant claims payment and rewards for driving safely.

Founded 2021 Canada Ottawa, Canada 18 employees Pre-Seed Total: $1.50M Financial Services, Fintech +2

General Information

Company Name ETAP
Founded Year 2021
Location Canada Ottawa, Canada
Employees 18
Industries Financial Services, Fintech, Insurance +1
Funding Stage Pre-Seed
Social

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About ETAP

ETAP is a Canadian startup in the Financial Services, Fintech, Insurance, and Insurtech industries. Established in 2021, the company's slogan "Auto Insurance was broken but we've fixed it! Get Instant cover, Instant claims payment and rewards for driving safely." underscores its mission to revolutionize the car insurance sector. ETAP offers a user-friendly app that simplifies the process of buying and claiming car insurance, leveraging advanced technology to prevent fraud and provide fair prices based on individual risk profiles. The startup's key features include lightning-fast instant cover, crash notification, emergency support, and seamless claims payment. Additionally, it introduces flexible automated payment plans and provides insights into driving behavior through a driver score per trip completed. ETAP goes a step further by rewarding safe drivers with Safe Driving Points, which can be redeemed for various everyday rewards like shopping vouchers and movie tickets. In its most recent funding round on 19 April 2022, ETAP secured a notable $1.50M investment from Graph Ventures, CFAO Group, Mobility 54 Investment SAS, Tangerine Insurance, and Newmont Corporation. This support underscores investor confidence in the startup's innovative approach to reinventing the car insurance experience, making it convenient, flexible, and transparent for customers.

Business keywords: Insurance Technology, Auto Insurance, InsurTech, Car Insurance, Mobile App, Claims Processing, Risk Profile, Fraud Prevention, Customer Rewards, Safe Driving Rewards, Instant Claims Payment, Emergency Support, Flexible Payment Plans, Driver Behavior Insights

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $1.50M 5
Graph Ventures, CFAO Group +3
19 Apr 2022

ETAP Alternatives & Competitors

View All Alternatives
ETAP vs
Root Inc.
Root Inc. United States

Root. For good drivers.

Post-IPO Debt
1208 employees
Insurance, Insurtech
ETAP vs

The ultimate driving measurement and improvement tool

Seed
12 employees
Finance, Insurance
ETAP vs
dreyev
dreyev United States

Augmented Attention Management for Safer Drivers

Seed
12 employees
Insurance, Insurtech

FAQ About ETAP

Auto Insurance was broken but we've fixed it! Get Instant cover, Instant claims payment and rewards for driving safely.
ETAP was founded in 2021.
ETAP is headquartered in Ottawa, Canada.
ETAP operates in Financial Services, Fintech, Insurance and Insurtech. Its work centres on Insurance Technology, Auto Insurance, InsurTech and Car Insurance.
ETAP has approximately 18 employees.
ETAP has completed 1 funding round, raising a total of $1.50M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to ETAP include Root Inc., Foresight Insurance Analytics, dreyev, CCG IQ, Airbag Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ETAP and Root Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ETAP , https://bouncewatch.com/company/etap, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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