# Setoo

**Source:** https://www.startuphub.ai/startups/setoo
**Profile type:** Startup

> Setoo provides a platform for e-businesses to create and distribute personalized parametric and traditional insurance products.

## About

Setoo empowers e-businesses to build and distribute personalized protection products, increasing revenue from ancillary services and delivering exceptional customer experience. With Setoo's platform, e-businesses can create new, super-targeted parametric and traditional insurance products within minutes, enhancing customer loyalty and generating new revenue streams.

## Key facts

- **Slug:** setoo
- **Website:** https://www.setoo.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2016-11-20 00:00:00
- **Operating status:** Active
- **Total funding:** $9M
- **Sectors / tags:** Fintech, Insurance, InsurTech, Parametric Insurance, Micro-Insurance, Embedded Finance, API Platform, E-commerce, Digital Payments, Risk Management

## Frequently asked

### What does Setoo do?

Setoo empowers e-businesses to build and distribute personalized protection products, increasing revenue from ancillary services and delivering exceptional customer experience. With Setoo's platform, e-businesses can create new, super-targeted parametric and traditional insurance products within minutes, enhancing customer loyalty and generating new revenue streams.

### What is Setoo's revenue?

StartupHub estimates Setoo's annual revenue at $2.3M (range $1.5M to $4.4M, 27% confidence), based on comparable companies in the sector.

### What is Setoo's valuation?

StartupHub estimates Setoo's effective valuation at $37.8M (range $23.3M to $55.8M, 10% confidence), based on comparable companies in the sector.

### How much funding has Setoo raised?

Setoo has raised a total of $9M in funding. The most recent round on record is Series A.

### Where is Setoo headquartered?

Setoo is headquartered in Tel Aviv, Israel.

### When was Setoo founded?

Setoo was founded in 2016.

### What industry does Setoo operate in?

Setoo operates in Fintech, Insurance, InsurTech, Parametric Insurance, Micro-Insurance, Embedded Finance.

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