Last deal

$14.7M

Amount

Series A

Stage

07.07.2022

Date

6

all rounds

$30M

Total amount

General

About Company
Just Auto Insurance is a start-up that offers fair and personalized car insurance based on driving behavior.

Industry

Sector :

Subsector :

Keywords :

Also Known As

SF Insuretech Inc, Just

founded date

15.01.2019

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Just Auto Insurance is revolutionizing the US auto insurance industry by providing data-driven, pre-paid, and pay-per-mile car insurance. Unlike traditional insurers, Just sets rates based on how customers drive rather than factors like age or location, incentivizing safe driving choices. This approach benefits younger drivers, accident-prone individuals, and those living in high-risk areas with significantly improved rates. The company's app simplifies the insurance process, offering affordable coverage that meets state requirements and refunding unused premiums. With strong investor backing and high customer ratings, Just Auto Insurance aims to enhance road safety, fairness, and affordability in the industry. They have raised over $11 million in funding and are preparing for a Series-A funding round and expansion in the near future.
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