Just Insure, a Los Angeles, CA-based pay-per-mile insurance technology company that uses telematics to reward safe drivers and reduce insurer bias, raised $8m in funding.
The round, which brought total funding to $15m, was led by CrossCut Ventures, ManchesterStory and Western Technology Investments.
The company intends to use the funds to scale operations and its product offering as it looks to expand into additional states.
Led by Robert Smithson, founder and CEO, Just Insure is a pay-per-mile insurance technology company that uses telematics to reward safe drivers and reduce insurer bias. The company improves road safety by rewarding safe drivers with lower rates, making car insurance more fair and affordable. It is headquartered in Los Angeles with offices in London. Just is currently available in Arizona, with plans to expand to additional US markets such as Texas, Nevada, Pennsylvania, Ohio, Georgia and more.
FinSMEs
21/09/2021