About Young Alfred
Young Alfred is a company based in Philadelphia (United States) founded in 2016 was acquired by Credible Labs in December 2021. Young Alfred has raised $11.72 million across 4 funding rounds from investors including Credible Labs, Pear VC and Gradient Ventures. Young Alfred offers products and services including Personal Loans, Student Loan Refinance, Home Insurance, and Auto Insurance. Young Alfred operates in a competitive market with competitors including Next Insurance, Marble, Cover, Gabi and Insureon, among others.
- Headquarter Philadelphia, United States
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Credible Labs Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.72 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series A
Oct 25, 2019
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Investors
Credible Labs
& 4 more
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Employee Count
Not available
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Acquired by
Credible Labs
(Dec 09, 2021)
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Products & Services of Young Alfred
Young Alfred offers a comprehensive portfolio of products and services, including Personal Loans, Student Loan Refinance, Home Insurance, and Auto Insurance.
Platform for comparing and applying for personal loans online.
Service to compare and refinance student loans efficiently.
Tool for comparing and purchasing home insurance policies.
Platform to compare and buy auto insurance options.
People of Young Alfred
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Funding Insights of Young Alfred
Young Alfred has successfully raised a total of $11.72M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in October 2019. 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 Young Alfred
Young Alfred has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Credible Labs, Pear VC and Gradient Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital arm of Alphabet Inc. investing in AI
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Early-stage VC firm investing in geographies such as the US & France
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Seed & early stage VC firm investing the US
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Investor details for Young Alfred
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Investments & Acquisitions by Young Alfred
Investment portfolio details for Young Alfred
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Financial Statements - Young Alfred
Detailed financials for Young Alfred
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Young Alfred Comparisons
Peer comparison for Young Alfred
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Young Alfred
Young Alfred 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 Next Insurance, Marble, Cover, Gabi and Insureon, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online small business insurance policies are provided.
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Insurance quotes are compared via a reward-based platform for individuals.
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Insurance quotes for P&C coverage are compared via mobile app.
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Online comparison of property and casualty insurance quotes is facilitated.
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Online quotes for business property and casualty insurance are compared.
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Insurance comparison platform for home
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Detailed competitors of Young Alfred
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Latest news on Young Alfred
Complete news archive for Young Alfred
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Frequently Asked Questions about Young Alfred
Young Alfred was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Young Alfred is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Young Alfred is a funded company, having raised a total of $11.72M across 4 funding rounds to date.
Young Alfred was founded in 2016 as an online platform in the insurance sector. Home, auto, and renters policies are facilitated for purchase by users via the digital interface. Operations are based in Philadelphia, United States, with the company in stealth mode as of September 2016. Services focus on streamlining insurance acquisition without intermediaries, targeting individual consumers in the property and casualty market.
Young Alfred's top competitors include Next Insurance, Renegade Insurance and Marble.
Young Alfred offers Personal Loans, Student Loan Refinance, Home Insurance, and Auto Insurance.
Young Alfred has 5 investors. Key investors include Credible Labs, Pear VC, Gradient Ventures, Newfund, and Entrepreneurs Roundtable Accelerator.