Insurance payments platform
Job no longer available
Insurance payments platform
21-100 employees
Job no longer available
21-100 employees
To help insurance companies make it easier for people to protect the things they care about.
Desirable
Ascend has developed a platform that allows its insurance clients to offer customers end-to-end payment services. These include seamless checkout via a variety of methods, premium financing, payment reminders, and automated payables. In this way it helps cut down burdensome processing time and expenses, and boosts marketing efforts by improving retention - all in all making for a more efficient financial infrastructure for the insurance sector.
The company is already live in all 50 states, and is now on a talent recruitment and platform expansion boom with the help of new funding. Perhaps most interestingly, it’s taken on debt financing to fund a buy-now-pay-later premium financing model.
This may prove to be the feather in this fledgling insurtech company’s cap: it’s helped boost client’s financing adoption rates from 40% to 80% in some cases, and chimes with a broader and growing consumer preference for BNPL schemes.

Freddie
Company Specialist at Welcome to the Jungle
Jan 2022
$30m
SERIES A
Sep 2021
$5.5m
SEED
SoMa, San Francisco, CA
Andrew Wynn
(Co-CEO)Has held tech-oriented management roles at Instacart and Looker, then went on to found home maintenance company Sheltr. This was acquired by Hippo Insurance, where he subsequently served as director of home care.
Praveen Chekuri
(Co-CEO)Worked as a software engineer at Ridecell, Instacart, and Houseparty. Also co-founded Whale and Sheltr, then moved into a director of engineering role at Hippo Insurance.
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