About
AI-based Insurance Assistant
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.
Identity
| Name | Choco Insurance |
|---|---|
| Slug | choco-insurance |
| Former names | Olive Insurance Broker |
| Type / kind | startup |
| Crunchbase ID | choco-8de7 |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAkMD917MJDA |
Status
| Status | active |
|---|---|
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Be'erotayim |
| HQ address | Be'erotayim, Israel |
Web & social
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceMachine Learning
Target customers
Financial ServicesFinancial ProductsInsuranceEnterprise & Professional ServicesSMBs & SMEsConsumersProfessionals & Gig EconomyFreelancers
Business models
B2BB2C
Tags
insurance-companiesinsurtechmachine-learningfintechartificial-intelligence
Funding
| Total raised | $12.5M |
|---|---|
| Current stage | Seed |
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