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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.
Social
X
Key Metrics
Founded Year
2017
Location
Los Angeles, United States
Stage
Seed
Latest Funding Round
Ranked
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.

Hugo Insurance's founders and board of directors

Founder? Claim Profile
The founders of Hugo Insurance is David Bergendahl.
Here are the details of Hugo Insurance's key team 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:
Employee count trend for Hugo Insurance
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Next Insurance
Next Insurance
2016, Palo Alto (United States), Acquired
Provider of online small business insurance policies
$1.12B
75/100
2nd
Logo for Hagerty
Hagerty
1983, Traverse City (United States), Public
Automotive insurance solution provider to users
$212M
74/100
3rd
Logo for Just
Just
2014, Los Angeles (United States), Series A
Usage-based auto insurance platform for individuals
$15.3M
72/100
4th
Logo for Clearcover
Clearcover
2016, Chicago (United States), Series D
Online platform that provides automotive insurance
$457M
71/100
5th
Logo for Root
Root
2015, Columbus (United States), Public
Provider of car insurance rates based primarily on driving behavior
$540M
71/100
6th
Logo for Metromile
Metromile
2011, San Francisco (United States), Acquired
App that provides usage-based auto insurance platform for individuals
$295M
68/100
7th
Logo for Vouch
Vouch
2018, San Francisco (United States), Series D
Online property insurance platform for businesses
$203M
66/100
8th
Logo for Inshur
Inshur
2016, New York City (United States), Series C
App-based auto insurance platform for individuals
$88.6M
65/100
9th
Logo for Nirvana
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
Logo for Zendrive
Zendrive
2013, San Francisco (United States), Acquired
AI-enabled platform offering driver behavior monitoring and analysis solutions
$60M
64/100
44th
Logo for Hugo Insurance
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.
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FAQs about Hugo Insurance

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