VOOM Insurance

Pay Per Mile. Save up to 60%.

Tel Aviv, United States · Founded 2016 · $22.0M raised

Insurtech
Usage-Based Insurance
Mobility
Employees
11–50
Founded
2016
Business Model
B2C
Total Funding
$22.0M
Last Round
$15.0M Series BJan 2021
Rounds
3

About

VOOM Insurance is an InsurTech MGA that delivers flexible, usage-based insurance products for new-mobility segments including motorcycles, e-bikes, drones, and light aircraft. Its pay-per-mile model lets policyholders save up to 60% versus traditional coverage, with no tracking hardware required. VOOM also partners with carriers and reinsurers to embed insurance into mobility platforms as a B2B technology provider.

Summary

VOOM Insurance is an Insurtech company based in Tel Aviv, United States, founded in 2016. It has raised $22.0M in total across 3 rounds, most recently a $15.0M Series B round in Jan 2021. Investors include Up Partners, Plug and Play and F2 Capital.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Series BSeries BJan 2021
$15.0M

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Investors

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