Hugo Insurance
HI
HU
Hugo Insurance
A digital insurance platform for small businesses.
About
Hugo Insurance provides on-demand car insurance with a focus on micropayments and flexible payment options, allowing users to activate coverage only when they need it. Their digital platform aims to make insurance affordable and accessible, particularly for infrequent drivers or those on a budget, by eliminating large upfront fees and offering instant proof of insurance.
Key facts
At-a-glance profile data
- Website
- hugo.insurance
- Headquarters
- Sydney, Australia
- Founded
- 2017
- Total funding
- $16M (Series A)
- Business model
- B2C
Funding rounds
| Date | Round | Amount | Post-money | Lead investors |
|---|---|---|---|---|
| 19 Oct 2022 | Series A | $10M | $30M | Core Innovation Capital |
| 21 Jun 2021 | Seed | $4M | - | - |
| 1 Jan 2019 | Seed II | $300K | - | - |
| 14 Jun 2017 | Accelerator/Incubator | $1M | - | - |
| 1 Jan 2017 | Seed | $725K | - | Core Innovation Capital |
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Frequently asked
How much funding has Hugo Insurance raised?
Hugo Insurance has raised a total of $16M in funding. The most recent round on record is Series A.
What is Hugo Insurance's current status?
Hugo Insurance's current operating status is: Inactive.