Boost - About the company
Boost is a series B company based in New York City (United States), founded in 2017 by Alex Maffeo. It operates as a Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance. Boost has raised $37M in funding from investors like Greycroft, RRE Ventures and Coatue. The company has 240 active competitors, including 45 funded and 21 that have exited. Its top competitors include companies like Bolttech, Akur8 Technologies and Zopper.
Company Details
Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance. The platform offers compliance, capital, and technology to power insurance programs. It provides customizable white-label products on carrier paper, supported by reinsurance capacity. The platform includes a policy admin system for digital management of the insurance policy lifecycle. It also offers data insights and an agency management portal.
- Website
- boostinsurance.com
- Email ID
- *****@boostinsurance.io
- Registered Address
- 158 W.27th Street, 10th floor, New York, NY 10001
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series B
Total Funding
$37M in 4 rounds
Latest Funding Round
Ranked
10th among 240 active competitors
Employee Count
34 as on Sep 30, 2026
Legal entities associated with Boost
Boost is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BOOST INSURANCE USA, INC. CIN: 82-1404234 , United States, Active | Feb 23, 2017 | - | 66 (As on Dec 31, 2022) | - |
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Boost's funding and investors
Boost has raised a total funding of $37M over 4 rounds. Its first funding round was on Sep 26, 2017. Its latest funding round was a PE round on Jul 31, 2024 for $*****. 1 investor participated in its latest round. Boost has 15 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Boost:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 31, 2024 | 2737709 | PE | 7623796 | 5140164 | 5709321 | 6176632 |
May 20, 2021 | 4059320 | Series B | 9020531 | 2873638 | 1695388 | |
Feb 05, 2020 | 2759222 | Series A | 8206090 | 4164762 |
View details of Boost's funding rounds and investors
Boost's founders and board of directors
Founder? Claim ProfileThe founders of Boost is Alex Maffeo. Alex Maffeo is the CEO of Boost.
Here are the details of Boost's key team members:
- Alex Maffeo: Founder & CEO of Boost and founder of 3 other companies, Boost, Boost Platform and Boost Insurance. They serve on the boards of 2 companies.
Boost's Board of Directors
Boost's board has 7 active members. Alex Maffeo, Jason Black, Ellie Wheeler, Andrew Lerner, Bennett Siegel, Jared Hyatt and Luke Ledbetter are independent board members.Here is the list of Boost's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 11m | |
eryorc{ | Independent board member | - | Current | 4y 5m |
derodij | Independent board member | - | Current | 6y 5m |
m{brwiy | Independent board member | - | Current | 4y 2m |
st{jrrb | Independent board member | - | Current | 8y 3m |
epqagfu | Independent board member | - | Current | 2y 1m |
ueoariy | Independent board member | - | Current | 4y 6m |
View details of Boost's Founder profiles and Board Members
Boost's employee count trend
Boost has 34 employees as of Sep 26. Here is Boost's employee count trend over the years:
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Boost's Competitors and alternates
Top competitors of Boost include Bolttech, Akur8 Technologies and Zopper. Here is the list of Top 10 competitors of Boost, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital infrastructure for embedding insurance into customer journeys | $640M | 73/100 | ||
2nd | Akur8 Technologies 2018, Paris (France), Series C | Provider of pricing and reserving platform for the insurance industry | $180M | 68/100 | |
3rd | Provider of API-enabled insurance distribution and management solutions | $125M | 67/100 | ||
4th | Bharatsure 2021, Mumbai (India), Seed | Provider of technology and infrastructure for employee benefits and embedded insurance | $3.25M | 66/100 | |
5th | Cover Genius 2014, New York City (United States), Series F | Provider of a software suite for the insurance industry | $355M | 65/100 | |
6th | Software suite for the insurance industry | $100M | 63/100 | ||
7th | Provider of insurance brokerage services | - | - | 63/100 | |
8th | Sure 2013, San Diego (United States), Series C | Insurance as a service platform for insurance carriers and other businesses | $123M | 62/100 | |
9th | AI-based software suite for the insurance industry | $53M | 60/100 | ||
10th | Boost 2017, New York City (United States), Series B | Provider of infrastructure for digital insurance programs, MGAs, and embedded insurance | $37M | 60/100 |
Looking for more details on Boost's competitors? Click here to see the top ones
Boost's Investments and acquisitions
Boost has made no investments or acquisitions yet.
Reports related to Boost
Here is the latest report on Boost's sector:
News related to Boost
Media has covered Boost for 1 event in last 1 year, It was about company updates.
•
Boost Insurance Launches Boost Atlas: The AI-Driven Partner Portal Built for Specialty Commercial Brokers & MGAsBusiness Wire•May 26, 2026•Boost
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Boost Insurance Achieves SOC 2 Type II Compliance, Reinforcing Commitment to Infrastructure Security and TrustInsuranceNewsNet•Feb 11, 2025•Boost
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Boost Insurance Achieves Soc 2 Type Ii Compliance, Reinforcing Commitment To Infrastructure Security And TrustBusiness Wire•Feb 11, 2025•Boost
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BHMS Investments backs insurtech company Boost Insurance to fuel growthLife Insurance International•Aug 01, 2024•Canopius, RenaissanceRe, Markel Corporation, BHMS Investments and 1 other
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Boost Insurance Secures Major Investment from BHMSTMC•Jul 31, 2024•Boost, BHMS Investments, Markel Corporation, RenaissanceRe and 1 other
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Amwins Program Underwriters and Boost Insurance Partner on Enhanced Professional Lines ProgramsBusiness Wire•Apr 03, 2024•Amwins, Boost
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Boost Insurance launches Boost Re and full-stack captive-as-a-service offeringFintech•Oct 26, 2023•Boost
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Boost Insurance and Canopius Announce Strategic Partnership to Power Innovative Programs with Long-Term Reinsurance CapacityInsuranceNewsNet•Oct 03, 2023•Boost, Canopius, RRE Ventures, Fin Capital and 1 other
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Boost Insurance rakes in $20m Series B financing to drive growthLife Insurance International•May 20, 2021•Boost, Fin Capital, Gaingels, Hack VC and 8 others
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