PolicyMe

Insurance that puts you first

Toronto, Canada · Founded 2018 · $50.0M raised

Headquarters
Toronto
Employees
51–200
Founded
2018
Business Model
B2C
Total Funding
$50.0M
Last Round
$30.0M Series BApr 2025
Rounds
2

About

PolicyMe is Canada's digital insurance platform offering term life, critical illness, and health and dental insurance. The company has redesigned the entire insurance customer journey: customers get an instant quote online, apply in 5–10 minutes, and receive approval in under 24 hours — with 60% receiving instant approval. Policies are underwritten by Securian Canada (Canadian Premier Life Insurance Company), a subsidiary of Securian Financial Group. PolicyMe has issued 20,000+ policies, provides 200,000+ quotes per year, and covers $10B+ in total coverage. The company also offers white-label solutions for insurance companies and brands seeking to monetize their customer base. Founded in 2018 by Andrew Ostro (CEO), Laura McKay (COO), and Jeff McKay (CTO).

Summary

PolicyMe is a Fintech company based in Toronto, Canada, founded in 2018. It has raised $50.0M in total across 2 rounds, most recently a $30.0M Series B round in Apr 2025.

Tech & App Stack

10 technologies & apps tracked

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Funding History

Series BSeries BApr 2025
$30.0M

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Full funding history, per-round amounts, and investor participation.

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