About VOOM Insurance
VOOM Insurance is a Transportation, Automotive & Logistics company based in Palo Alto (United States) founded in 2016. Usage-based motorcycle insurance is offered online to individuals. It operates on a Pay-per-Use / Usage-Based model in Transportation, Automotive & Logistics and Financial Services sectors. VOOM Insurance has raised $20 million across 2 funding rounds from investors including Verizon, Plug and Play Tech Center and JAL Ventures. Its website voominsurance.com draws about 26 thousand monthly visits. VOOM Insurance offers products and services including Pay Per Mile Motorcycle Insurance, E-Bike Insurance, Drone Insurance, Light Aircraft Insurance, and Rideshare Insurance. Its focus areas include Insurance and Property and Casualty Insurance. Its legal entity is SkyWatch Insurance Services, Inc. d/b/a VOOM Insurance. Its competitors include Clearcover, GreenRoad and Cambridge Mobile Telematics; 3 of its 3 listed competitors have raised funding.
Company details
VOOM Insurance is engaged in offering innovative insurance products tailored to individual usage, primarily through a pay-per-mile model for motorcycles. Coverage is extended to various sectors including e-bikes, drones, light aircraft, and rideshare vehicles. Solutions are designed to ensure cost-effectiveness by charging based on actual miles ridden, with no tracking devices required. Policies are underwritten by Markel, a highly rated insurance company, ensuring financial strength and reliability. The company operates across multiple states in the USA, aiming to expand nationwide.
- Headquarters Palo Alto, United States
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Website voominsurance.com
- Social LinkedIn X Facebook Instagram
- Legal Name Skywatch Insurance Services, Inc. D/B/A Voom Insurance
- Total Equity Funding$20M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series B
Oct 2021
- InvestorsVerizon
& 6 more
Products & Services of VOOM Insurance
VOOM Insurance offers a comprehensive portfolio of products and services, including Pay Per Mile Motorcycle Insurance, E-Bike Insurance, Drone Insurance, Light Aircraft Insurance, and Rideshare Insurance.
Insurance is provided based on miles ridden annually.
Coverage is offered for electric bike owners specifically.
Protection is provided for drone operators and owners.
Insurance is available for light aircraft owners now.
Coverage is designed for rideshare drivers and vehicles.
Apps and channels of VOOM Insurance
VOOM Insurance publishes 2 mobile apps with over 1K+ downloads.
Funding Insights of VOOM Insurance
VOOM Insurance has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in October 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 $20M
- Total Rounds 2
- Last Round Series B — $15M
- First Round $5M
(May 2019)
- Investors Count 7
All 2 funding rounds of VOOM Insurance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $15M | Series B | – | JAL Ventures, UP Partners | |
| May 2019 | $5M | Series A | – | Arbor Ventures |
7 investors in total: 7 institutional.
Investors in VOOM Insurance
VOOM Insurance has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Verizon, Plug and Play Tech Center and JAL Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| jalventures.com | ||||
Investments in mobility sectors are made by UP Partners. | up.partners | Santa Monica, United States | ||
Early-stage venture capital investing in Israeli startups across technology and innovation sectors. | f2vc.com | |||
Investments in financial services are made by Arbor Ventures. | arborventures.com | Hong Kong, China | ||
| kaedan.com | ||||
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Mobile and internet services are provided to homes and businesses. | 1983 | verizon.com | New York, United States |
Investor details for VOOM Insurance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of VOOM Insurance
12 people are tracked at VOOM Insurance (5 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Tomer Kashi | Co-Founder & CEO | Leadership |
Ori Blumenthal | Co-Founder & CTO | Leadership |
Amir Shneider | Head of Marketing | Leadership |
Matt Phillips | Partner Support Manager | Leadership |
Sapir Nagar | Head Of Operations & HR | Leadership |
Yuval'Leo'Arnan | Customer Support Manager | Team |
Sapir Nager | HR & Operations Manager | Team |
Lior Katiy | Full Stack Developer | Team |
David Puente | Insurance Consultant | Team |
Christine Thompson | Aviation & Drone Insurance Specialist | Team |
Yuval Arnan | Product Manager | Team |
Gal Ben Sinai | Full Stack Developer | Team |
Complete people profiles for VOOM Insurance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of VOOM Insurance
3 dated milestones of VOOM Insurance across 5 years, from founding to its latest funding, stage changes and deals.
- Founded VOOM Insurance is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $15.0M.
Competitors of VOOM Insurance
VOOM Insurance has 3 listed competitors in our database, 3 of them funded. They include Clearcover, GreenRoad and Cambridge Mobile Telematics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clearcover.com | 2016 | Chicago, United States | $457.2M | 450 | Automotive insurance is delivered via an online platform. | |
| greenroad.com | 2004 | Austin, United States | $81.5M | 10 | Fleet telematics and management solutions for safe driving are provided. | |
| cmtelematics.com | 2010 | Cambridge, United States | $502.5M | 318 | Usage-based data monitoring solutions for the auto insurance industry |
Detailed competitors of VOOM Insurance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of VOOM Insurance
The website of VOOM Insurance (voominsurance.com) receives about 25.5K visits a month and ranks #1,383,715 among all websites worldwide, #5,217 in Insurance.
- Monthly visits25.5K
▲ 48.1% vs previous month
- Unique visitors5.1K
per month
- Global rank#1,383,715
among all websites
- Category rank#5,217
Finance · Insurance
- Bounce rate66%
- Pages per visit2.5
- Average visit38 sec
- DevicesDesktop 62% · Mobile 38%
Websites whose visitors overlap most with VOOM Insurance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| acceptanceinsurance.com | 100% | View details | |||
dairylandinsurance.com | dairylandinsurance.com | 94% | #96,829 | – | |
| freeway.com | 94% | 217K | #191,189 | View details | |
| usautoinsurancenow.com | 92% | View details | |||
| insurify.com | 90% | 4M | #11,661 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for VOOM Insurance
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Voom Insurance
Complete news archive for VOOM Insurance
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Frequently Asked Questions about VOOM Insurance
VOOM Insurance was founded in 2016 and raised its 1st funding round 3 years after it was founded.
VOOM Insurance is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
VOOM Insurance is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on May 2019.
VOOM Insurance is engaged in offering innovative insurance products tailored to individual usage, primarily through a pay-per-mile model for motorcycles. Coverage is extended to various sectors including e-bikes, drones, light aircraft, and rideshare vehicles. Solutions are designed to ensure cost-effectiveness by charging based on actual miles ridden, with no tracking devices required. Policies are underwritten by Markel, a highly rated insurance company, ensuring financial strength and reliability. The company operates across multiple states in the USA, aiming to expand nationwide.
VOOM Insurance's top competitors include Clearcover, Cambridge Mobile Telematics and GreenRoad.
VOOM Insurance offers Pay Per Mile Motorcycle Insurance, E-Bike Insurance, Drone Insurance, Light Aircraft Insurance, and Rideshare Insurance.
VOOM Insurance has 7 investors. Key investors include Verizon, Plug and Play Tech Center, JAL Ventures, UP Partners, and F2 Venture Capital.
VOOM Insurance operates through Skywatch Insurance Services, Inc. D/B/A Voom Insurance.
Yes. VOOM Insurance publishes VOOM Motorcycle Insurance and 1 more app, with over 1,000 downloads.