Marble, a NYC-based platform that makes it rewarding to take control of all users’ insurance in one place, raised $4.2m in seed plus funding.
The round was led by Distributed Ventures, with participation from new investors Blue Collective, Goodwater Capital, and CE Innovation Capital; existing investors IA Capital Group, MS&AD Ventures, Reciprocal Ventures; and veteran angel investors from across the finance and insurance industry.
The company, which has raised $6.7M in funding to date, intends to use the funds to expand its engineering and marketing teams, invest in deeper user research practices, and — using that expanded team and those new insights — double-down on launching more features that are unique to the space.
Founded in 2020 by Stuart Winchester, CEO and Founder, Marble is a one-hub, digital wallet that allows members to shop, compare, optimize, and — for the first time ever — earn rewards on their insurance. Members are insured by the nation’s largest insurance agencies and can link their automotive, home, renters, pet, life, and other types of personal insurance. The company also launched new features including Rate Watch, Automated Shopping, and Apple Wallet Integration.
FinSMEs
08/05/2023