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Marble Insurance Secures $2.5m In Recent Funding Round

Things To Know About Marble

Marble insurance is an insurance based firm founded in 2020 and headquartered in Auckland. The privately held company supports New Zealand’s family and business with customised insurance claims.

As per the recent report from Insurance Innovation Reporter, Marble had a funding round which was led by Distributed Ventures(Chicago/New York), with an participation from new investors Blue Collective, Goodwater Capital, and CE Innovation Capital; existing investors IA Capital Group, MS&AD Ventures, Reciprocal Ventures.

This is a one-hub, digital wallet that let it’s members to shop, compare, explore, pay, and earn rewards through their insurance premium payments which is totally free of cost to sign in. The members are insured by the nation’s largest insurance agencies and can link their healthcare, automotive, home, renters, pet, or any other type of personal insurance to the platform easily.

This following seed funding round was closed with an estimated earning of $2.5m.

The company works on a policy of “protect whatever, and whoever, they love” that makes it eye-catching for the customer too.

Currently the company is working for it’s expansion in the sectors of engineering and marketing teams, invest for research practices, and leverage that expanded team and those new insights to get two times of upliftment in developing more features that are unique to the core.Stuart Winchester, CEO and founder, Marble, said, “Our goal is to help individuals keep track of all their policies, understand when they might see changes to their policies, and know whether to renew or to shop around when the time comes. 2023 is a year of unprecedented household expenses, and insurance rate increases will unfortunately be a big part of that story. We believe US consumers deserve simple, intuitive digital tools and rewards that they can use in their daily lives to take control and save on their insurance. It’s about more than just trying to sell another policy—it’s about helping Americans feel confident in their coverage, knowing that they are protecting what matters to them most.”

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