Trōv
Company

Last deal

$56M

Amount

Series D

Stage

06.04.2017

Date

3

all rounds

$98.8M

Total amount

date founded

Financing round

General

About Company
Trov is a global leader in insurance technology, enabling new ways of living, working, and moving.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Trov, Trov Insurance Solutions, LLC, Trov Protection

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

Its insurtech platform provides digital insurance products and data-powered solutions for homeowners, renters, drivers, and small businesses. Trov's technology-enabled brokerage solves complex risk management issues for companies in emerging mobility and gig work. The company's embedded insurance solutions empower financial institutions and insurance incumbents to easily offer all-digital insurance products to their customers, increasing recurring revenue. Trov's customers include industry leaders such as Waymo, Groupe PSA, Lloyds Banking Group, and Suncorp. Founded in 2012, Trov has raised over $114 million from leading VCs and strategic partners and is based in the San Francisco Bay Area with offices in New York and London.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

Trov, Inc.
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M&A Details
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Acquired by

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announced date

23.02.2022

Financials

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3

Number of Funding Rounds

$98.8M

Money Raised

Their latest funding was raised on 06.04.2017. Their latest investor Anthemis Group. Their latest round Series D

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Co-Investors
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7

Number of lead investors

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Number of investors

Investor 
Lead 
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Series C, Series D
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Sean Park

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Amy Nauiokas

Amy Nauiokas

Amy Nauiokas is the Founder & Chief Executive Officer at Anthemis Group.

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organization founded

2
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People

Founders
3
Mark Dowds
Mark Dowds

Mark Dowds

Mark Dowds does nothing in half measures. An accomplished endurance runner and cyclist, a serial investor and startup founder, Mark has earned a name for his ability to motivate others to get “unstuck”—to innovate in old spaces and displace established industries in the name of relevance. He brings that level of commitment to the world of tech whether he is getting a new initiative off the ground or empowering audiences around the world. In 2012 he co-founded Trov—the world’s first on-demand insurance platform—and today is accountable for all revenue, strategy and growth as the company expands internationally. In two decades he has helped get dozens of ventures off the ground, through his Canadian-based incubators Fresh Initiatives and Creationstep. During his time in Toronto he established a co-working facility that helped nurture the city's emerging web 2.0 community and half a dozen other start-ups, including ServiceCloud that was acquired by Salesforce.com. Mark was an LP in Bullet Time Ventures, an early seed investor in Uber, Twilio and many more emerging tech start-ups. He currently chairs the board of Generation Innovation - a program designed to bring entrepreneurial experiences to high school students throughout Northern Ireland. He is an advisor to several companies including, Neurovalens, Jumpack, StageTen, WorldBlu, and eHarvestHub. Mark is an electric speaker - tackling topics like disruption, relevance and upending the ways we approach problems primarily in the tech, finance, and insurance sectors. He thrives on pushing people forward to accomplish big things. If he is not on a plane or a stage, these days Mark is on a bike or spending time creating adventures with his two teenagers and wife of 20 years.

current job

Trōv
Trōv

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1

Mark Dowds

Scott Walchek
Scott Walchek

Scott Walchek

Founder, CEO & Chairman at Trōv.

current job

Trōv
Trōv

count Of Investments

2

count Of Exists

2

Scott Walchek

Jim Gemmell
Jim Gemmell

Jim Gemmell

Jim Gemmell is a managing director at Ernst & Young. He was previously the Chief Technology Officer of Aural Analytics, the CTO/Co-Founder of Trōv, and Senior Researcher at Microsoft Research. Jim has numerous scholarly publications on life-logging, multimedia, networking, and video-conferencing. He wrote the book, "Your Life, Uploaded," with co-author Gordon Bell and a forward by Bill Gates. His work his work at Microsoft translated into features in Windows, Bing, and Xbox.

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Ernst & Young
Ernst & Young

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Employee Profiles
46

Riley Reid

Android engineer

Miranda Stockton

Delivery manager

Tim Kearney

Product marketing manager

Taylor Van Maasdijk

Senior manager, partner engagement

Juemin Zhang

Vp, insurance and risk strategy

Aaron Mayerson

Head of engineering and mobility

Yu Sharpe

Accounting manager

Michael Curtis

Agile delivery manager

Activity

Recent News
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