Hugo Insurance - About the company
Hugo Insurance is a seed company based in Los Angeles (United States), founded in 2017 by David Bergendahl. It operates as a Provider of on-demand car insurance with micropayments. Hugo Insurance has raised an undisclosed amount in funding. The company has 240 active competitors, including 49 funded and 32 that have exited. Its top competitors include companies like Next Insurance, Hagerty and Just.
Company Details
Provider of on-demand car insurance with micropayments. This offers flexible coverage options, allowing users to purchase insurance for periods as short as three days. Policies are activated instantly, and users can adjust their coverage and payment plans online. The model eliminates upfront fees and provides budget-friendly payment plans. Payment flexibility is a key feature, enabling users to pay daily, weekly, or monthly. Instant proof of insurance is available.
- Website
- www.withhugo.com/
Key Metrics
Founded Year
2017
Location
Los Angeles, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
44th among 240 active competitors
Employee Count
27 as on Jun 30, 2026
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Hugo Insurance's funding and investors
Hugo Insurance has raised funding over 1 round. Its latest funding round was a Seed round. 1 investor participated in its latest round. Hugo Insurance has 4 institutional investors.
View details of Hugo Insurance's funding rounds and investors
Hugo Insurance's founders and board of directors
Founder? Claim ProfileThe founders of Hugo Insurance is David Bergendahl.
Here are the details of Hugo Insurance's key team members:
- David Bergendahl: Founder of Hugo Insurance. Contact Info: 1 email address
View details of Hugo Insurance's Founder profiles and Board Members
Hugo Insurance's employee count trend
Hugo Insurance has 27 employees as of Jun 26. Here is Hugo Insurance's employee count trend over the years:
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Hugo Insurance's Competitors and alternates
Top competitors of Hugo Insurance include Next Insurance, Hagerty and Just. Here is the list of Top 10 competitors of Hugo Insurance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Next Insurance 2016, Palo Alto (United States), Acquired | Provider of online small business insurance policies | $1.12B | 75/100 | |
2nd | Hagerty 1983, Traverse City (United States), Public | Automotive insurance solution provider to users | $212M | 74/100 | |
3rd | Just 2014, Los Angeles (United States), Series A | Usage-based auto insurance platform for individuals | $15.3M | 72/100 | |
4th | Clearcover 2016, Chicago (United States), Series D | Online platform that provides automotive insurance | $457M | 71/100 | |
5th | Root 2015, Columbus (United States), Public | Provider of car insurance rates based primarily on driving behavior | $540M | 71/100 | |
6th | Metromile 2011, San Francisco (United States), Acquired | App that provides usage-based auto insurance platform for individuals | $295M | 68/100 | |
7th | Vouch 2018, San Francisco (United States), Series D | Online property insurance platform for businesses | $203M | 66/100 | |
8th | Inshur 2016, New York City (United States), Series C | App-based auto insurance platform for individuals | $88.6M | 65/100 | |
9th | Nirvana 2020, San Francisco (United States), Series D | AI-based insurance risk management and pricing solutions for the fleet insurance industry | $259M | 64/100 | |
10th | Zendrive 2013, San Francisco (United States), Acquired | AI-enabled platform offering driver behavior monitoring and analysis solutions | $60M | 64/100 | |
44th | Hugo Insurance 2017, Los Angeles (United States), Seed | Provider of on-demand car insurance with micropayments | - | 41/100 |
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Hugo Insurance's Investments and acquisitions
Hugo Insurance has made no investments or acquisitions yet.
Reports related to Hugo Insurance
Here is the latest report on Hugo Insurance's sector:
News related to Hugo Insurance
Media has covered Hugo Insurance for 1 event in last 1 year, It was about partnerships.
•
Root and Hugo Partner to Expand Access to Affordable Car InsuranceGlobeNewswire•Jun 04, 2026•Hugo Insurance, Root
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