ePolicy, a B2B internet company, enables individuals and businesses to streamline their insurance application and policy-writing processes.
ePolicy.com Insurance Services, Inc. (ePolicy) is a business-to-business Internet company that is creating a new way for professionals and small businesses to purchase insurance. Backed by some of the world’s leading insurance companies, such as Fireman’s Fund, ePolicy uses the Internet and proprietary technology to streamline the application and policy-writing process. By creating strategic relationships with major insurance companies and by using the efficiencies of the Internet to reduce costs, ePolicy offers a broad range of insurance products to their customers instantly, with high levels of customer service and significantly reduced rates.ePolicy is distinctly different from other companies currently offering policies on the Internet. Generally, these companies only replicate the offline process by handing customers over to an agent or broker. At ePolicy, they manage the entire customer experience, from getting a quote to printing the policy. Their staff of dedicated customer service representatives are available by phone and on-line to assist with the application and answer questions.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jun 27, 2000 | Series B | $39M | 1 | — | — | Detail |
Jan 1, 2000 | Series A | $14M | 1 | ARCH Venture Partners | — | Detail |
Investor Name | Lead Investor | Funding Round |
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ARCH Venture Partners | — | Series B |