
Joinbingo
Offers personalized dog insurance at affordable rates.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Joinbingo, operating as Bingo, is a Columbus, Ohio-based insurtech company founded in 2020 by Forlefac Fontem and Matt Gordon, who also serves as the CEO. The firm provides an app-based platform focused on the pet insurance market. Initially launched in May 2020 with a focus on "intelligent dog insurance," the company partnered with Boost Insurance for a product underwritten by State National. This marked State National's first entry into the pet insurance sector.
The business operates by providing pet owners with an iOS application to manage their insurance needs. Through the app, clients can receive quotes, submit and process claims, and access their policy details. The insurance coverage offered encompasses a range of services, including protection for illnesses, injuries, dental issues, vaccinations, and annual health check-ups. Sometime after its initial launch, the company appears to have pivoted its model to also include incentivized insurance for the crypto community, expanding its offerings to home, condo, renters, and auto insurance in addition to its pet products.
The company's primary target clients are individual pet owners. Revenue is generated through the sale of these insurance policies. The platform's requirement for users to download an app to get a quote was a distinct feature at the time of its launch.
Keywords: pet insurance, insurtech, mobile insurance platform, dog insurance, cat insurance, animal health coverage, claims processing app, Forlefac Fontem, Matt Gordon, Columbus startup, digital insurance, pet wellness, veterinary insurance, annual check-up coverage, crypto insurance, home insurance, auto insurance, renters insurance, iOS insurance app, Boost Insurance partner