Baoba Parametrics
Derisking urban areas through location intelligence-driven, automated, parametric insurance technology
4 employees · est. 2022 · Toronto, Canada
Novidea
Novidea solves the toughest challenges faced by insurance distribution businesses, fueling rapid growth.
255 employees · est. 2009 · Netanya, Israel
Novidea is the older company (2022 vs 2009); Novidea is the larger of the two.
Side-by-Side Comparison
| Metric | Baoba Parametrics | Novidea |
|---|---|---|
| Founded | ||
| Founded | 2022 | 2009 older |
| Headquarters | ||
| Headquarters | Toronto, Canada | Netanya, Israel |
| Employees | ||
| Employees | 4 | 255 larger |
| Industry | ||
| Industry | Information Technology, Insurance, Insurtech | Computing, Insurance, Insurtech |
| Funding Stage | ||
| Funding Stage | Pre Seed | Series C |
| Total Funding | ||
| Total Funding | $800.00K | $110.00M |
| Funding Rounds | ||
| Funding Rounds | 1 | 5 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Parametric Insurance, Location Intelligence, Automated Insurance, Geospatial Data, Insurance Technology, Urban Areas, End-to-end Platform, Insurtech, Data-driven, Index-based Insurance, Risk Mitigation, Urban Resilience | Insurance Distribution, Cloud-based Platform, Business Intelligence, Workflow Management, Regulatory Compliance, Data Access, Customer Journey, Actionable Insights, Sales, Profitability, Productivity, MGAs, Bancassurance, Workflows, Real-time |
| Website | ||
| Website | gobaoba.com | novidea.com |
About Baoba Parametrics
Baoba Inc is a Canadian startup founded in 2021 with the mission of de-risking urban areas through location intelligence-driven, automated, parametric insurance technology. The company's slogan reflects their core focus on leveraging machine learning and geospatial data to create an end-to-end platf...
About Novidea
Novidea is a pioneering Insurtech startup that offers a cloud-native, data-driven insurance management system, addressing the most challenging obstacles encountered by insurance distribution businesses. Featuring an open API architecture, Novidea facilitates the modernization and comprehensive manag...
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