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PolicyMe logo — PolicyMe is on a mission to put families first with simple a...

PolicyMe

PolicyMe is on a mission to put families first with simple and affordable insurance.

Founded 2018 Canada Toronto, Canada 122 employees Series A Total: $27.53M Finance, Insurance +2

General Information

Company Name PolicyMe
Founded Year 2018
Location Canada Toronto, Canada
Employees 122
Industries Finance, Insurance, Insurtech +1
Funding Stage Series A
Social

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About PolicyMe

PolicyMe is a Canadian startup with a mission to prioritize families by offering accessible and straightforward insurance solutions. The company recognizes the significance of life insurance in securing a stable financial future for individuals and their loved ones. Their commitment lies in simplifying the complexities associated with life insurance, ensuring transparency, customization, and convenience in their advisory services.

Established in 2018, PolicyMe operates in the finance, insurance, insurtech, and life insurance sectors. Their innovative approach involves utilizing a proprietary life insurance algorithm to provide personalized recommendations, setting them apart from traditional commission-based models.

The company recently secured a noteworthy $18.00M Series A investment on 20 September 2022, attracting support from prominent investors including RGAx, SiriusPoint, Westdale Properties, Securian Financial Group, and HCS Capital. PolicyMe's focus on customer-centric disruption within the insurance industry, coupled with their substantial investment, positions them as a compelling player in the evolving insurtech landscape.

Business keywords: life insurance, financial planning, insurance industry disruption, customer-centric approach, personalized advice, transparent, affordable insurance, family-focused, proprietary algorithm, cost-effective protection

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $18.00M 5
RGAx, SiriusPoint +3
20 Sep 2022
Seed Round $6.20M 3
SiriusPoint, Westdale Properties +1
01 Nov 2021
Seed Round $3.30M 2
Westdale Properties, HCS Capital
11 Mar 2020
Grant $25.00K -
24 Jan 2020

PolicyMe Alternatives & Competitors

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FAQ About PolicyMe

PolicyMe is on a mission to put families first with simple and affordable insurance.
PolicyMe was founded in 2018.
PolicyMe is headquartered in Toronto, Canada.
PolicyMe operates in Finance, Insurance, Insurtech and Life insurance. Its work centres on life insurance, financial planning, insurance industry disruption and customer-centric approach.
PolicyMe has approximately 122 employees.
PolicyMe has completed 4 funding rounds, raising a total of $27.53M. The latest funding stage is Series A.
Top alternatives and competitors to PolicyMe include ProtectMeWell, Finsol, CMME, Emma, Fabric by Gerber Life. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PolicyMe and ProtectMeWell 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 PolicyMe, https://bouncewatch.com/company/policyme, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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