Clupp (YC W22) is an innovative startup in the fintech and insurtech industries, with headquarters in Mexico. Established in 2016, the company's slogan "Seguro conduces mejor" emphasizes its focus on providing affordable insurance for low-risk drivers. Whether individuals drive infrequently or exhibit safe driving habits, Clupp offers an ideal solution for insuring their vehicles, including cars, motorcycles, bicycles, skateboards, and more. Their insurance model is based on the monthly kilometers driven, and it also rewards good driving behavior. Clupp has garnered significant recognition, including the Premio de Innovación en Seguros 2017 from CNSF, AMIS, and AMIG.
In its most recent milestone, Clupp secured a $455.00K Pre Seed Round investment on 03 December 2021, with backing from notable investors like G2 Momentum Capital, Amplifica Capital, Capitel, and Patrick Spaulding Ryan Ph.D. This infusion of capital underscores the investors' confidence in Clupp's unique approach to insurance and its potential for growth in the market. The company's ability to attract diverse and experienced investors speaks volumes about its value proposition and market potential, positioning it as an exciting player in the insurtech sector.