About Carrot Insurance
Carrot Insurance is a company based in Crewe (United Kingdom) founded in 2012. It operates as a Subscription Services. Carrot Insurance offers products and services including Young Driver Insurance and Learner Driver Insurance. Carrot Insurance operates in a competitive market with competitors including Cuvva, Zego, Marshmallow, By Miles and Octo Telematics, among others.
- Headquarter Crewe, United Kingdom
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Website
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Social
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- Legal Name Acorn Insurance & Financial Services Ltd
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Annual Revenue
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Products & Services of Carrot Insurance
Carrot Insurance offers a comprehensive portfolio of products and services, including Young Driver Insurance and Learner Driver Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Insurance tailored for young drivers is provided here.
Car insurance for learner drivers is offered collaboratively.
Funding Insights of Carrot Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Carrot Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carrot Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carrot Insurance Comparisons
Competitors of Carrot Insurance
Carrot Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cuvva, Zego, Marshmallow, By Miles and Octo Telematics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online usage-based car insurance solutions
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| domain | founded_year | HQ Location |
Motor insurance is provided for personal and work driving.
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| domain | founded_year | HQ Location |
Auto insurance is delivered via app to individual drivers.
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| domain | founded_year | HQ Location |
Pay-per-mile auto insurance is offered through a mobile app.
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Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
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Provider of telematics data for insurance
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carrot Insurance
Frequently Asked Questions about Carrot Insurance
When was Carrot Insurance founded?
Carrot Insurance was founded in 2012.
Where is Carrot Insurance located?
Carrot Insurance is headquartered in Crewe, United Kingdom. It is registered at Crewe, Cheshire, United Kingdom.
What does Carrot Insurance do?
Car insurance targeting young and learner drivers is offered by Carrot Insurance. The service focuses on promoting safer driving through telematics technology, including black box devices and smartphone apps. Rewards for responsible driving are integrated into the offerings. The company operates within the financial services sector, specifically in auto insurance, and is based in the United Kingdom.
Who are the top competitors of Carrot Insurance?
Carrot Insurance's top competitors include Marshmallow, Cuvva and Octo Telematics.
What products or services does Carrot Insurance offer?
Carrot Insurance offers Young Driver Insurance and Learner Driver Insurance.