Matic logo — We're a leading digital insurance marketplace of 40+ A-rated...

Matic

We're a leading digital insurance marketplace of 40+ A-rated home & auto carriers. Call us for more info: (866) 933-2386

Founded 2014 United States Columbus, United States 300 employees Venture round Total: $84.00M Finance, Financial Services +2

General Information

Company Name Matic
Founded Year 2014
Location United States Columbus, United States
Employees 300
Industries Finance, Financial Services, Insurance +1
Funding Stage Venture round
Social

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About Matic

Matic is a leading digital insurance marketplace that has been making waves in the insurtech industry since its establishment in 2014. The company has garnered a strong reputation by seamlessly integrating insurance within the home and auto ownership experience. Matic's digital insurance marketplace boasts over 40 A-rated home and auto carriers, along with distribution partners spanning diverse industries such as mortgage origination and servicing, banking, and auto financing. Based in the United States, Matic recently secured a significant $30.00M Venture Round investment on 07 January 2025, with Vistara Growth stepping in as the investor.

With its robust network of carriers and distribution partners, Matic is well-positioned to continue its disruptive impact on the insurtech landscape. The company's innovative approach to insurance and strategic partnerships across various industries demonstrate its potential for sustained growth and success in the marketplace.

Business keywords: Insurtech, Digital Insurance Marketplace, A-rated Carriers, Insurance Integration, Mortgage Origination, Banking Partnerships, Auto Financing, Homeowners Insurance, Auto Insurance, Policyholder Advocacy, Comparison Shopping, Premium Savings, Distribution Partnerships, Real Estate Partnerships, Personal Finance

Services & Products

Home Insurance
Auto Insurance
Life Insurance
Insurance Advocacy
Partnership Solutions

Target Customers

Homeowners Car Owners Individuals Mortgage Originators Banks Financial Institutions

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $30.00M 1
Vistara Growth
07 Jan 2025
Debt Financing $3.00M -
11 Oct 2023
Series B $20.00M 10
Cultivation Capital, MTech Capital +8
11 Oct 2023
Venture Round Undisclosed 1
Channel Equity Partners
01 Jan 2023
Series B $24.00M 6
Cultivation Capital, MTech Capital +4
15 Oct 2020
Convertible Note Undisclosed 1
MTech Capital
25 Jul 2019
Series A $7.00M 5
Anthemis Group, Nationwide Ventures +3
07 Nov 2017

Matic Alternatives & Competitors

View All Alternatives
Matic vs
Covered Insurance
Covered Insurance United States

Covered is your Digital Insurance Marketplace where you can shop, compare and purchase from the comf...

Corporate Round
109 employees
Finance, Financial Services
Matic vs
BLC Insurance
BLC Insurance United States

Putting the Sure in Insurance since 1939!

5 employees
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Matic vs
bolt
bolt United States

The world's largest property and casualty insurance exchange.

Series D
467 employees
Big Data, Finance

FAQ About Matic

We're a leading digital insurance marketplace of 40+ A-rated home & auto carriers. Call us for more info: (866) 933-2386
Matic was founded in 2014.
Matic is headquartered in Columbus, United States.
Matic operates in Finance, Financial Services, Insurance and Insurtech. Its work centres on Insurtech, Digital Insurance Marketplace, A-rated Carriers and Insurance Integration. Its customers include Homeowners, Car Owners and Individuals.
Matic has approximately 300 employees.
Matic has completed 7 funding rounds, raising a total of $84.00M. The latest funding stage is Venture round.
Matic offers: Home Insurance, Auto Insurance, Life Insurance, Insurance Advocacy, Partnership Solutions.
Top alternatives and competitors to Matic include Covered Insurance, BLC Insurance, bolt, Putnam White Lewis Insurance , Bubble Insurance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Matic and Covered 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.

Source: BounceWatch company record for Matic, https://bouncewatch.com/company/matic-1, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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