Boost Insurance raises new funding round

According to Crunchbase, digital insurance platform and MGA Boost Insurance raised an undisclosed funding round last month.

Founded in 2017, the New-York based startup and a team of ~70 according to LinkedIn data operates in the space of embedded insurance and is licensed to develop and sell P&C insurance products nationwide. It provides insurance infrastructure-as-a-service that packages compliance, operational, capital, and technological components of an insurance program into a turnkey white-labeled solution, accessible via simple API integration.

This round aside, its last funding round took place in May 2021 when it disclosed a $20 million Series B funding round, bringing its total funding to $37 million.

Insurance partners include Koffie, and Overalls; to name a few.