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ETAP logo — Auto Insurance was broken but we've fixed it! Get Instant co...

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 +2
Employees 18
Industries Financial Services, Fintech, Insurance +1
Funding Stage Pre Seed
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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.

Taxonomy: 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 •••••• 5
Investor Investor Investor Investor Investor
19 Apr 2022

ETAP Alternatives & Competitors

ETAP vs
ingenie insurance
ingenie insurance United Kingdom

ingenie is a telematics car insurance provider, encouraging better, safer driving through feedback a...

15 employees
Insurance, Car insurance

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 the following industries: Financial Services, Fintech, Insurance, Insurtech.
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 ingenie insurance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ETAP and ingenie insurance 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.

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