Last updated 2026-06-18
- Raised $12.5M funding round led by AmTrust Financial Services, Oct 2021
Total raised
$12.5M
Last: 2021-10
Stage
Seed
Founded
2021
Headcount
6
HQ
Be'erotayim, Israel
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
$12.5M
Q&A
- What is Choco Insurance's primary business?
- Choco Insurance develops an AI-based assistant to help small businesses and freelancers select appropriate insurance coverage and prices, ensuring their coverage is up to date and filings are organized.
- When was Choco Insurance founded?
- Choco Insurance was founded in March 2021.
- What is the total amount of funding Choco Insurance has raised?
- Choco Insurance has raised a total of $12,500,000.
- Which investors participated in Choco Insurance's funding round?
- In October 2021, Choco Insurance raised $12,500,000 from AmTrust Financial Services.
- What is the employee count for Choco Insurance?
- Choco Insurance has 1-10 employees.
- What types of insurance does Choco Insurance help businesses obtain?
- Choco Insurance helps businesses obtain various types of insurance, including business owners, property, professional liability, product liability, directors and officers, cyber, and workers' compensation insurance.
- Who are the co-founders of Choco Insurance?
- The co-founders of Choco Insurance are Liav Geffen, Eyal Yadin, and Uriel Aharony.
- In which countries does Choco Insurance operate or target customers?
- Choco Insurance targets customers in Italy, the United States, Israel, and Spain.
Team · 4
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | chocoinsurance.com/ |
|---|---|
| linkedin.com/company/72723767 | |
| facebook.com/chocoinsurance | |
| YouTube | youtube.com/channel/UCR9Gcd9EhsCk4LMkET26xBQ |
Identifiers & details
| Former names | Olive Insurance Broker |
|---|---|
| Founded | 2021-3 |
| Employees (exact) | 6 |
Radar intelligence
Web history (Wayback)
| Domain | chocoinsurance.com |
|---|
Certificate / subdomain footprint
| Subdomains | 10 |
|---|