LIO

Conshohocken, United States Founded: 2020 • Age: 6 yrs
Online platform for property insurance
Annual revenue - Latest available
Total funding $77.8M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About LIO

LIO is a company based in Conshohocken (United States) founded in 2020 by Tim Maguire. LIO has raised $77.76 million across 1 funding round. LIO offers products and services including Insurance Quotes Platform, Claim Submission Service, Retail Insurance, and Wholesale Insurance. LIO operates in a competitive market with competitors including Hippo, Kin, Resilience, Safely and Steadily, among others.

  • Headquarter Conshohocken, United States
  • Founders Tim Maguire
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $77.76 M (USD)

    in 1 rounds

  • Latest Funding Round
    $77.76 M (USD), Series C

    Feb 25, 2021

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of LIO

LIO offers a comprehensive portfolio of products and services, including Insurance Quotes Platform, Claim Submission Service, Retail Insurance, and Wholesale Insurance.

Product name locked
Category locked
Primary

Platform for generating fast bindable insurance quotes online.

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Online system for submitting and managing insurance claims efficiently.

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Provides tailored insurance options for retail customers and needs.

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Offers wholesale insurance solutions for brokers and enterprises.

People of LIO

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Seth Hall
President & COO
People
Jeff Steffens
Chief Information Officer
People
Eric Wiley
Vice President, Enterprise Applications
People
Jim Tygh
Chief Insurance Officer

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Funding Insights of LIO

LIO has successfully raised a total of $77.76M through 1 strategic funding round. The most recent funding activity was a Series C round of $77.76 million completed in February 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.

Investments & Acquisitions by LIO

Investments
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Investment portfolio details for LIO

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
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Financial Statements - LIO

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Detailed financials for LIO

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  • Historical revenue
  • Profit trends
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  • Financial ratios

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Lio Comparisons

LIO Primary company
Description
Online platform for property insurance
Location
Conshohocken, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for LIO

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Competitors of LIO

LIO 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 Hippo, Kin, Resilience, Safely and Steadily, among others.

Company Name Domain Founded year HQ Location Description
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Homeowners insurance coverage is delivered via an online platform.
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Homeowner insurance is offered via an online platform for individuals.
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Cyber risk management services are provided to investment industries.
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ID verification solutions are provided for vacation rentals.
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Rental property insurance coverage is provided via an online platform.
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Provider of homeowners insurance
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Detailed competitors of LIO

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Latest news on Lio

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Complete news archive for LIO

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about LIO

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

LIO is headquartered in Conshohocken, United States. It is registered at Conshohocken, Pennsylvania, United States.

Christopher Maguire is the current CEO of LIO.

LIO is a funded company, having raised a total of $77.76M across 1 funding round to date.

LIO was established in 2020 in Conshohocken, United States, as an online platform focused on property insurance. Policies are provided for condominiums, homeowner associations, and related coverages, along with extensions for elements such as wind damage to outdoor trees, swimming pools, seasonal structures, and fences. Claim assistance services are also available to support policyholders in the insurance sector.

LIO's top competitors include Hippo, Kin and Steadily.

LIO offers Insurance Quotes Platform, Claim Submission Service, Retail Insurance, and Wholesale Insurance.

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