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Boost
Digital insurance platform
- 21-100 employees
- Fintech
- B2B
- Insurance
- 158 W. 27th Street, 10th floor, New York, NY 10001
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Company mission
Boost's mission is to enable companies across all segments to build, embed and manage digital insurance products, and deliver them through a fully embedded experience within their own front-end environments.
-11% employee growth in 12 months
Our take
Boost is a digital infrastructure-as-a-service platform that embeds a fully integrated insurance infrastructure in its corporate clients’ front-end environment. With this API-driven B2B product, clients can tap easily into the lucrative property and casualty insurance market.
The appetite for embedded insurance looks set to grow rapidly: investors and companies are excited by the prospect of an additional revenue stream that can be reliably incorporated into their products. Some speculate this could push the market value of embedded insurance into the trillions. So, if Boost comes good on its plan to cement a market-leading position by offering the most comprehensive infrastructure, it will stand to enjoy real success.
Boost's road map is to double down on workforce growth and expand its product offerings. It has had financial backing from top tech and insurance investors like Tusk Ventures, Greycroft, and Coatue, which bodes well for Boost’s game plan.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Equity commensurate with experience (everyone is an owner!)
- Medical Insurance
- Dental & Vision: 100% covered by Company for employee + all dependents
- Optional Healthcare FSA medical reimbursement account
- Unlimited PTO
- 16 weeks of Paid Parental Leave
- 401(k) retirement savings program
- Carbon offset matching program thru KarmaWallet
- Monthly work from home snack reimbursement
- Monthly Pet Insurance/Pet Wellness Plan reimbursement
- A close-knit team that always has each other's back
- Jeans and t-shirts environment
- Monthly company lunches
- Best office dogs in the business
Company values
- Take on the Challenge Work with people who see challenges as untested opportunities and who dive head first into finding solutions
- Create It and Own It Everyone at Boost is a creator and an owner. Take your position and run with it
- Expect Transparency You want to know what’s going on and we want you to be informed. The more we work together, the more successful we’ll all be
- Always Laugh Don’t take yourself too seriously, we surely don’t. Celebrate the victories, learn from the mistakes, and enjoy the ride
Funding (last 2 of 4 rounds)
May 2021
$20m
SERIES B
Feb 2020
$14m
SERIES A
Total funding: $51m
This company has top investors
Leadership
Alex Maffeo
(CEO)Progressed up to Principal level at private investment firm, IA Capital Group, before founding Boost.