Boost

New York, United States Founded: 2017 • Age: 9 yrs
PC, insurtech, and embedded insurance services are provided by Boost.
Annual revenue - Latest available
Total funding $37.0M 4 rounds
Employees 28 Tracked headcount
Investors 14 Known backers
Products 6 Services tracked
Competitors - Brand Intelligence

About Boost

Boost is a company based in New York (United States) founded in 2017 by Alex Maffeo. It operates as a API-as-a-Product, Embedded Insurance Platforms, and InsurTech. Boost has raised $37 million across 4 funding rounds from investors including Norwest Venture Partners, State National Companies and Nephila. The company has 28 employees as of December 31, 2024. Boost offers products and services including SMB Commercial Cyber, Business Owners, Management Liability, Parental Leave, and Pet Health.

  • Headquarter New York, United States
  • Employees 28 as on 31 Dec, 2024
  • Founders Alex Maffeo
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Legal Name Boost Insurance Usa, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $37 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    28

    as on Dec 31, 2024

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Products & Services of Boost

Boost offers a comprehensive portfolio of products and services, including SMB Commercial Cyber, Business Owners, Management Liability, Parental Leave, and Pet Health.

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Primary

Protection against cyber threats is provided for businesses.

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Essential insurance protection is offered for small businesses.

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Comprehensive business coverage is made accessible and affordable.

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Affordable paid parental leave is provided for workforces.

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Pet health protection is offered for customer reassurance.

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Unique crypto insurance is provided for retail holders.

People of Boost

Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Asheet Ruparelia
Vice President Finance
People
Megan Hayes
VP, Partner Success
People
Alex Zhang
Senior Engineering Manager
People
Michael Precise
Senior Software Engineer

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Funding Insights of Boost

Boost has successfully raised a total of $37M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Boost

Boost has secured backing from 14 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Norwest Venture Partners, State National Companies and Nephila.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A private investment firm based in Westport, CT.
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VC firm investing in seed and early stage companies in the US
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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Investor details for Boost

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Investments & Acquisitions by Boost

Investments
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Investment portfolio details for Boost

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  • Transaction dates
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  • Investment values

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Financial Statements - Boost

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Detailed financials for Boost

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Boost Comparisons

Boost Primary company
Description
P&C, insurtech, and embedded insurance services are provided...
Location
New York, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
28
As of 2024
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Peer comparison for Boost

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Competitors of Boost

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Detailed competitors of Boost

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Latest news on Boost

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Complete news archive for Boost

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  • Source and publication date
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Frequently Asked Questions about Boost

Boost was founded in 2017.

Boost is headquartered in New York, United States. It is registered at New York, New York, United States.

Alex Maffeo is the current CEO of Boost. They have also founded this company.

Boost is a funded company, having raised a total of $37M across 4 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Boost is 28.

A full-stack digital insurance platform is offered by Boost, designed for scale and catering to insurtechs, MGAs, and embedded insurance innovators. Compliance, capital, and technology infrastructure are packaged into a single API-based solution. Customizable white-label products are supported on rated carrier paper with dedicated reinsurance capacity. Solutions are provided for digital management of insurance policy lifecycles, real-time data insights, and agency management. The platform serves high-growth insurtechs, brokers, agents, and (re)insurers across various industries, enabling faster market entry and scalability.

Boost offers SMB Commercial Cyber, Business Owners, Management Liability, Parental Leave, and 2 more products and services.

Boost has 14 investors. Key investors include Norwest Venture Partners, State National Companies, Nephila, BHMS Investments, and RRE Ventures.

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