Indemn, founded in 2021, aims to transform how people perceive and manage insurance, adhering to its slogan of “Making insurance a conversation.” The company utilizes machine learning to create chatbots that simplify the process of getting insurance online. Their first offering targets Event and Wedding Insurance for hosts, offering a convenient, self-serve platform that allows customers to independently inquire about insurance solutions and purchase coverage at their own pace.
Headquartered in the United States, Indemn operates in the intersection of the AI and Machine Learning sectors. The startup successfully closed a $1.90M Pre-Seed Round on 31 January 2024, with backing from prominent investors including Markd, AfterWork Ventures, and Everywhere Ventures (The Fund). This capital infusion equips Indemn with the resources to refine their offering and expand their customer base, marking a significant step in their early-stage growth.