Choco Insurance

AI-based Insurance Assistant

Fintech & Insurtech
Active
Seed Be'erotayim Founded 2021
Total raised
$12.5M
Last: Undisclosed 2021-10
Stage
Seed
Founded
2021
Headcount
6
HQ
Be'erotayim
Sector
Fintech & Insurtech

About

Choco is developing an AI-based assistant designed to help small businesses and freelancers select the most appropriate insurance coverage and prices. Choco enables businesses to verify that their coverage is up to date and that their filings are timely, well organized, and accessible at all times.

Choco is designed to help businesses in most industries obtain their business owners, property, professional liability, product liability, directors and officers, cyber, and workers compensation insurance.

Funding history · 1 round · $12.5M total

2021-10
Undisclosed $12.5M

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceMachine Learning
Target customers
Financial ServicesFinancial ProductsInsuranceEnterprise & Professional ServicesSMBs & SMEsConsumersProfessionals & Gig EconomyFreelancers
Business model
B2BB2C

Tags

insurance-companiesinsurtechmachine-learningfintechartificial-intelligence