About
VOOM offers an on-demand, telematics-based insurance technology platform for specialized mobility products designed to protect users for anything they ride, fly, or sail. Its data-driven, usage-based insurance products include multiple high-risk, episodic-usage mobility verticals, including eScooters, eBikes, powersports, motor boats, and small planes. The companys first product, SkyWatch.AI, leverages the power of machine learning to assess and mitigate risks and provide on-demand insurance for thousands of drone pilots operating across the United States. Headquartered in Tel Aviv with an office in Palo Alto, VOOM is a licensed insurance broker in all 50 states in the U.S. VOOM was named a cool vendor in Cool Vendors in Insurance, 2021 by the Gartner Research Group.
Funding history · 4 rounds · $22.0M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is VOOM Insurance's primary business?
- VOOM Insurance offers an on-demand, telematics-based insurance technology platform for specialized mobility products, covering items such as eScooters, eBikes, powersports, motor boats, and small planes.
- When was VOOM Insurance founded and where is it headquartered?
- VOOM Insurance was founded in October 2016 and is headquartered in Tel Aviv-Yafo, Israel, with an additional office in Palo Alto, California, USA.
- What was VOOM Insurance's first product?
- VOOM Insurance's first product was SkyWatch.AI, which provides on-demand insurance for drone pilots in the United States, utilizing machine learning for risk assessment.
- What was VOOM Insurance's most recent funding round?
- VOOM Insurance completed a Series B funding round in October 2021, raising $15 million. JAL Ventures was a lead investor in this round. For full financing history, please refer to startupim.
- Which investors participated in VOOM Insurance's Series A round?
- In May 2019, VOOM Insurance raised $5 million in its Series A round with participation from investors including F2 Venture Capital and Verizon Ventures Israel. For full financing history, please refer to startupim.
- What recognition did VOOM Insurance receive from Gartner?
- In May 2021, VOOM Insurance was recognized as a "Cool Vendor" in Gartner's 2021 Cool Vendors in Insurance report.
- What was a significant product launch by VOOM Insurance in August 2021?
- In August 2021, VOOM Insurance launched its first per-mile motorcycle insurance product.
- How many employees does VOOM Insurance currently have?
- VOOM Insurance currently has between 11 and 50 employees, with an exact count of 21 according to startupim data.
- In which geographic markets does VOOM Insurance operate?
- VOOM Insurance primarily operates in the United States and is a licensed insurance broker in all 50 U.S. states.