Insurance startup The Zebra nabs $38 million Series C from Accel - Business Insider

, with VCs scrambling to get in buzzy rounds and a wealth of competitive, new-age carriers.

with cost-cutting risk assessment algorithms or by outright flouting regulation. Instead, it just wants to let users compare the ever-expanding suite of options just as Kayak did for travel expenses a decade ago. "I think we are in the Golden Age of insurtech, if that's what, I guess, people are calling it," Accel general partner John Locke told Business Insider. "The nice thing is as there are more entrants, there's more need for a site that helps consumers sort everything out on an apples-to-apples basis."that, while easy to sign up for and use, are hard to compare price-wise to traditional carriers like State Farm.

"Accel asked me to go look at a company that they were looking at that called themselves the Kayak of insurance, so it made sense," Melnick told Business Insider. "I went back to Accel, and John in particular, and said not only do I think you should invest but I invested myself."Shortly after the funding round, Melnick came on board to lead The Zebra as CEO.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Azimo: London-based tech startup scores $22 million EIB debt for growth - Business InsiderLondon-based fintech Azimo just raised $22 million in venture debt from the European Investment Bank to tackle the $700 billion remittances market What a great achievement. Congratulations to richinw4 and everyone at Azimo. GrowthLife
Source: BusinessInsider - 🏆 729. / 51 Read more »

Interview questions startup founders must ask to find great employees - Business InsiderThree founders reveal the questions they ask when hiring to determine a candidate's character and ability to keep up with the rapid pace of startups. Wanted to read this – but couldn't get by all the forced pop-ups. 🤷🏻‍♀️Can’t read this! Please bullet point the 4 for us.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider is seeking nominations for 2020 Logistics Disruptors - Business InsiderBusiness Insider is publishing its inaugural Logistics Disruptors list. And we want to hear from you.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Super Bowl LIV highlights NFL's pay-TV power - Business Insider - Business InsiderSuper Bowl ad prices hit new heights this year, and along with the more expensive ads, viewership rebounded to 102 million across all platforms.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pharmacy startups gaining steam, but they'll have to face off against Amazon's PillPack - Business InsiderWhile some startups like Alto Pharmacy are gaining steam, PillPack's entrance to the space could put lesser-established startups at risk
Source: BusinessInsider - 🏆 729. / 51 Read more »