PolicyMe Overview
- Year Founded
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2018
- Status
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Private
- Employees
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161
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$21.1M
- Investors
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12
PolicyMe General Information
Description
Provider of life insurance services intended to make advice transparent, customized, affordable, and convenient for everyone. The company helps to get personalized advice, compare life insurance quotes and buy life insurance online, enabling clients to make well-informed decisions on life insurance policies.
Contact Information
Website
www.policyme.comCorporate Office
- 207 Queens Quay West
- Suite 400
- Toronto, Ontario M5J 1A7
- Canada
Corporate Office
- 207 Queens Quay West
- Suite 400
- Toronto, Ontario M5J 1A7
- Canada
PolicyMe Timeline
PolicyMe Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Later Stage VC | 17-Apr-2025 | $21.1M | Completed | Generating Revenue | ||
| 12. Accelerator/Incubator | 13-Apr-2024 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 04-Nov-2022 | Completed | Generating Revenue | |||
| 10. Early Stage VC (Series A) | 20-Sep-2022 | Completed | Generating Revenue | |||
| 9. Early Stage VC | 21-Dec-2021 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series A) | 07-Apr-2021 | Cancelled | Generating Revenue | |||
| 7. Early Stage VC | 13-Mar-2020 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 5. Grant | 11-Feb-2019 | $22.7K | $500K | Completed | Generating Revenue | |
| 4. Accelerator/Incubator | $500K | Completed | Generating Revenue |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
PolicyMe Comparisons
Industry
Financing
Details
PolicyMe Competitors (5)
One of PolicyMe’s 5 competitors is L&I Insurance Solutions, a Private Debt Financed company based in Newburgh, IN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| L&I Insurance Solutions | Private Debt Financed | Newburgh, IN | ||||
| Apollo (Insurance Brokers) | Formerly VC-backed | Vancouver, Canada | ||||
| PolicyAdvisor | Angel-Backed | Oakville, Canada | ||||
| Life Quotes | Private Equity-Backed | Westmont, IL | ||||
| Hellosafe | Venture Capital-Backed | London, United Kingdom |
PolicyMe Signals
PolicyMe Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Blue Cross Canassurance | Corporation | Minority | ||
| Securian Canada | Corporation | Minority | ||
| MaRS Discovery District | Other | |||
| The Lazaridis Institute | Accelerator/Incubator | |||
| Grupo Consorcio Ventures | Corporate Venture Capital | Minority |
PolicyMe FAQs
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When was PolicyMe founded?
PolicyMe was founded in 2018.
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Where is PolicyMe headquartered?
PolicyMe is headquartered in Toronto, Canada.
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What is the size of PolicyMe?
PolicyMe has 161 total employees.
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What industry is PolicyMe in?
PolicyMe’s primary industry is Other Insurance.
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Is PolicyMe a private or public company?
PolicyMe is a Private company.
-
What is PolicyMe’s current revenue?
The current revenue for PolicyMe is .
-
How much funding has PolicyMe raised over time?
PolicyMe has raised $37.8M.
-
Who are PolicyMe’s investors?
Blue Cross Canassurance, Securian Canada, MaRS Discovery District, The Lazaridis Institute, and Grupo Consorcio Ventures are 5 of 12 investors who have invested in PolicyMe.
-
Who are PolicyMe’s competitors?
L&I Insurance Solutions, Apollo (Insurance Brokers), PolicyAdvisor, Life Quotes, and Hellosafe are competitors of PolicyMe.
Data Transparency
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