Neosurance

Neosurance

Machine learning and AI-powered virtual insurance agent. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201820192020202120222023
Revenues<1m<1m<1m<1m<1m<1m
% growth-36 %46 %(67 %)141 %(63 %)
EBITDA<1m<1m<1m(<1m)(<1m)-
% EBITDA margin6 %2 %2 %(186 %)(38 %)-
Profit(<1m)(<1m)(<1m)(<1m)(<1m)-
% profit margin(55 %)(74 %)(83 %)(452 %)(114 %)-
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DateInvestorsAmountRound
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N/A

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€50.0k

Grant
*

€200k

Seed
*
N/A

€710k

Seed

€1.1m

Early VC
Total FundingAUD3.5m

Recent News about Neosurance

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More about Neosuranceinfo icon
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Neosurance is a dynamic startup that operates in the digital insurance sector, providing innovative solutions to insurers and communities. The company specializes in offering instant, paperless insurance policies that can be obtained in just a few seconds through mobile devices. This approach addresses the growing dependency on mobile technology and the increasing demand for quick, hassle-free insurance services.

Neosurance serves a diverse range of clients, including insurance companies and community organizations, helping them to close the protection gap and deliver a superior insurance experience to their customers. The market it operates in is the digital insurance space, which is rapidly evolving as more consumers seek convenient and immediate solutions for their insurance needs.

The business model of Neosurance is based on a "Software as a Service" (SaaS) approach, where the company provides its technology platform to insurers and communities. This platform is highly flexible, scalable, and customizable to meet the specific needs of its clients. Neosurance earns revenue through performance-based payments, meaning they get paid based on the success and effectiveness of their service in generating insurance policies.

Neosurance's platform is designed to be safe and robust, constantly evolving with new features to ensure it remains relevant and effective. This continuous improvement enables recurring revenue models, allowing insurers to increase their revenues while providing better service to their customers.

In summary, Neosurance empowers insurers and communities to offer instant, paperless insurance policies through a flexible and scalable digital platform. By leveraging best-in-class technology and experienced partners, Neosurance helps its clients meet the high expectations of today's empowered customers.

Keywords: digital insurance, instant policies, paperless, mobile technology, SaaS, flexible platform, scalable, customizable, performance-based, recurring revenue.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.