VOOM Insurance
Active

Specialized mobility activity usage-based insurance

Fintech, Insurance, Telematics
Artificial Intelligence Machine Learning

Business Overview

VOOM is the world’s first on-demand, telematics-based insurtech platform for Specialized Mobility products, dedicated to protecting users for anything they ride, fly, or sail. The company’s first product, SkyWatch.AI, leverages the power of machine learning to assess and mitigate risks and provide on-demand insurance for thousands of drone pilots operating across the US. VOOM’s data-driven, usage-based insurance products include multiple high-risk, episodic-usage mobility verticals, including e-scooters, e-bikes, powersports, motor boats, and small planes. Headquartered in Tel Aviv with an office in Palo Alto, CA, VOOM is a licensed insurance broker in all 50 US states.

Founded
January 2016
Employees
12
Business model
B2C
Offering type
Software
Funding stage
Series A
Total funding
$5 Million
Sectors
Fintech, Insurance, Telematics

Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

AI Technology Stack

AI employees
1
AI application
Vertical AI
AI types
Artificial Intelligence, Machine Learning

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FUNDING STAGE
Series A
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FUNDING STAGE
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