Waffle Labs, an innovative insurtech startup, emerged from the Barclays Techstars & MIT Delta V accelerator, aiming to transform the insurance landscape. Founded in 2018, the company is headquartered in the United States and operates within the Financial Services, Fintech, Insurance, and Insurtech industries.
With the ambition to redefine personal insurance, Waffle Labs offers a diverse range of products including renters, pet, personal cyber, and term life insurance. Their emphasis on creating an insurance experience that is accessible, user-friendly, transparent, and affordable reflects a commitment to challenging traditional industry norms.
Their slogan, "An MIT spinoff machine learning company dedicated to improving sales, conversion, and loss ratios, by double digits," captures their forward-thinking approach. The company's last financial milestone was a Venture Round investment on 01 July 2022, indicating ongoing investor interest in their disruptive potential.