General

About Company
Novo is a car insurance company that empowers consumers with customized coverage.

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founded date

01.01.2021

Number of employees

Company Type

For Profit

IPO status

Private

Description

Novo is revolutionizing the $300 billion car insurance industry by leveraging data to offer precise premiums and reduce accidents. Based in Santa Clara, California, Novo collaborates with insurtech and automotive leaders to accelerate the industry's digital transformation. They provide various insurance options, including property damage, car insurance, collision coverage, and uninsured motorist damage coverage. Novo, founded in 2021, aims to appeal to the tech-savvy Generation Now.
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