Matic Insurance Services Inc., a Columbus, OH-based provider of an insurtech platform, raised $30M from Vistara Growth.
The company intends to use the funds to increase distribution partnerships, continued development of its end-to-end proprietary technology platform, and further differentiate its customer experience.
Matic provides an embedded insurance platform to mortgage servicers, originators, banks and other financial institutions to offer home, auto, and other personal lines products to their customers. It enables their partners to offer competitive insurance policy options for their customers in seconds and purchase selected policies in minutes.
Since Matic’s go-to-market launch in 2017, the company has partnered with over 100 organizations, which represent 20% of the U.S. mortgage market. Its marketplace is empowered by over 60 insurance carriers offering competitive options nationally.
FinSMEs
08/01/2025