Lake Mary, United States
OpenHouse Home Insurance, founded in 2021, offers a revolutionary approach to acquiring home insurance through their entirely online platform. By leveraging proprietary technology, OpenHouse assesses various elements such as home characteristics and smart lifestyle choices, including the use of solar power and smart home capabilities, to deliver customized policies. This approach not only ensures significant savings but also aligns with modern homeowner needs.
Backed by the esteemed First Protective Insurance Company with its robust 25-year track record, OpenHouse benefits from substantial industry experience and credibility, having protected over 240,000 policyholders and managed more than $3 billion in claims. Based in the United States, the company operates in the intersecting sectors of Financial Services, Insurance, and Insurtech. Noteworthy is the absence of recent investment rounds, suggesting potential growth opportunities for proactive investors.
