Joshu

Menlo Park, United States Founded: 2020 • Age: 6 yrs
Digital distribution and sales solutions for insurance carriers are provided.
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About Joshu

Joshu is a company based in Menlo Park (United States) founded in 2020 by Shimi Bornstein and Roy Mill.. Joshu has raised $3.7 million across 1 funding round from investors including Blumberg Capital, Engineering Capital and Correlation Ventures. Joshu offers products and services including Joshu Platform and Broker Portals. Joshu operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and MFast, among others.

  • Headquarter Menlo Park, United States
  • Founders Shimi Bornstein, Roy Mill
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.7 M (USD), Seed

    Jan 26, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Joshu

Joshu offers a comprehensive portfolio of products and services, including Joshu Platform and Broker Portals. 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.

Primary

Tool for accelerating insurance product launches and administration

System to set up portals for brokers in minutes

People of Joshu
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Somer R. Wilson, MBA
Marketing Manager
People
Shimi Bornstein
Cofounder, CTO
People
Doron Horwitz
Head of Applications
People
Ofir Avnion
Software Developer

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Funding Insights of Joshu

Joshu has successfully raised a total of $3.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.7 million completed in January 2021. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $3.7M
  • First Round

    (26 Jan 2021)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Seed - Joshu Valuation Blumberg Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Joshu

Joshu has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Blumberg Capital, Engineering Capital and Correlation Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in early and growth stage technology companies.
Founded Year Domain Location
Seed-stage US tech companies are invested in by Engineering Capital.
Founded Year Domain Location
Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Joshu

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Joshu

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Joshu Comparisons

Employees
+
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Competitors of Joshu

Joshu 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 Noyo, Px, GoHealth, Zelros and MFast, 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
domain founded_year HQ Location
Insurance data exchange and benefit administration solutions for employers
domain founded_year HQ Location
Lead exchange platform is operated as SaaS for advertisers.
domain founded_year HQ Location
Healthcare insurance solutions are offered via a digital platform.
domain founded_year HQ Location
AI-based solutions for insurance sales and marketing are provided.
domain founded_year HQ Location
Provider of automated sales and commission payment platform for insurance and financial products
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Joshu

Frequently Asked Questions about Joshu

When was Joshu founded?

Joshu was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Joshu located?

Joshu is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Who is the current CEO of Joshu?

Roy Mill is the current CEO of Joshu. They have also founded this company.

Is Joshu a funded company?

Joshu is a funded company, having raised a total of $3.7M across 1 funding round to date. The company's 1st funding round was a Seed of $3.7M, raised on Jan 26, 2021.

What does Joshu do?

Joshu was founded in 2020 and is based in Menlo Park, United States. Digital solutions for insurance distribution and sales are offered to carriers in the insurance sector. Tools for setting up insurance products and automating underwriting processes are included. Online sales of commercial insurance are facilitated through these platforms. The company is led by co-founders Roy Mill as CEO and Shimi Bornstein as CTO.

Who are the top competitors of Joshu?

Joshu's top competitors include Zelros, GoHealth and Px.

What products or services does Joshu offer?

Joshu offers Joshu Platform and Broker Portals.

Who are Joshu's investors?

Joshu has 5 investors. Key investors include Blumberg Capital, Engineering Capital, Correlation Ventures, Innovation Endeavors, and Sure Ventures.

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