Matic Insurance, a Columbus, Ohio-based digital insurance agency focused on integrating insurance into the home and auto ownership experience, received a strategic investment from Franklin Madison.
The amount of the deal, part of their Series B funding round, was not disclosed.
Led by Ben Madick, CEO, Matic Insurance provides a digital insurance marketplace with over 30 A-rated home and auto carriers, as well as distribution partners in industries ranging from mortgage origination and servicing to banking, real estate, and personal finance.
Franklin Madison builds financial security for individuals and families by delivering insurance products and marketing services through its brand partners. Currently, the company helps generate increased loyalty and incremental revenue for more than 3,500 financial institutions. Based in Franklin, Tennessee, Franklin Madison has approximately 200 employees.