Slice
On-demand pay-per-use insurance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
$20.0m | Series A | ||
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 115 % | - | (66 %) | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Slice Insurance is a premier technology company specializing in 100% digital, on-demand small business insurance. Operating in the insurance technology market, Slice serves small businesses by providing a range of insurance products including Contractors General Liability and Workers Compensation. The company partners with Managing General Agents (MGAs) and wholesalers to distribute its white-labeled or small business insurance products through its platform. Slice leverages advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Large Language Models to offer a friction-free, online experience where agents can generate quotes in 30 seconds and bind policies in under 5 minutes. The business model revolves around providing seamless, automated, and hassle-free insurance solutions, making money through premiums paid by small business clients. Slice is backed by top global insurers and is trusted by a wide array of global partners and customers.
Keywords: digital insurance, small business, AI, ML, on-demand, seamless, automated, MGAs, wholesalers, insurance technology.