Overalls, a NYC-based tech-enabled benefits company, closed a $4.6M funding round.
The round was led by RPM Ventures, with participation from Frontier Ventures, angel investor and former NFL player Jerod Mayo, and various other existing investors.
The company intends to use the funds to accelerate its growth and product development.
Founded in 2021 by fintech veterans Jon Cooper and Emily Johnson at Redesign Health, Overalls is a tech-enabled benefits company that combines concierge-like services with personalized financial protection to help people save time, money and stress.
The insurtech platform, which integrates with existing benefits programs, is centered around three core product areas:
- A digitally enabled human support assistant to help individuals save time and navigate life’s hassles such as household and car repairs, credit monitoring, identity theft, travel issues and more.
- Personalized portfolio of insurance and financial products curated to a person’s lifestyle, helping them save money now and reduce risk in the future.
- Celebrates individuals around important life events such as weddings, new home and car, new baby, with rewards and planning support.
The company has secured partnerships with companies and infrastructure solutions including AllState Identity Protection, Matic, Boost and Ladder.
FinSMEs
08/06/2022