Matic Insurance - About the company
Matic Insurance is a series C company based in Columbus (United States), founded in 2014 by Benjamin Madick. It operates as a Provider home insurance quote solutions. Matic Insurance has raised $80.8M in funding from investors like IA Capital Group, Anthem Venture Partners and Cultivation Capital, with a current valuation of $*****. The company has 22 active competitors, including 7 funded and 6 that have exited. Its top competitors include companies like Azibo, Honeycomb Insurance and SageSure.
Company Details
Provider home insurance quote solutions. It connects lenders and borrowers originating a new home loan. It provides home insurance quotes, thus helping in completing the loan application and home-buying process.
- Website
- matic.com
- Social
- Email ID
- *****@getmatic.com, *****@matic.com
- Phone Number
- +1 **********
- Registered Address
- Los Angeles, California
Key Metrics
Founded Year
2014
Location
Columbus, United States
Stage
Series C
Total Funding
$80.8M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on May 08, 2025
Investors
Ranked
3rd among 22 active competitors
Employee Count
310 as on Apr 30, 2026
Legal entities associated with Matic Insurance
Matic Insurance is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MATIC INSURANCE SERVICES INC CIN: 465512991 , United States, Active | Dec 31, 1999 | - | 209 (As on Dec 31, 2024) | - |
Matic Insurance Services Inc. CIN: 20141749617 , United States, Active | Dec 09, 2014 | - | - | - |
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Matic Insurance's funding and investors
Matic Insurance has raised a total funding of $80.8M over 7 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on Jan 07, 2025 for $*****. 1 investor participated in its latest round. Matic Insurance has 25 institutional investors.
Here is the list of recent funding rounds of Matic Insurance:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 07, 2025 | 7861311 | Series C | 4496032 | 3704438 | 9732546 | 2931157 |
Oct 11, 2023 | 7920317 | Conventional Debt | 4167882 | 6968824 | 8584148 | 3492566 |
Oct 11, 2023 | 9257204 | Series B | 3496139 | 5225445 |
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Matic Insurance's founders and board of directors
Founder? Claim ProfileThe founders of Matic Insurance is Benjamin Madick. Benjamin Madick is the CEO of Matic Insurance.
Here are the details of Matic Insurance's key team members:
- Benjamin Madick: Co-Founder & CEO of Matic Insurance. They serve on the board of 1 company.
Matic Insurance's Board of Directors
Matic Insurance's board has 5 active members. Amy Nauiokas, Benjamin Madick, Andrew Lerner, Stuart Rhodes and Aaron Schiff are independent board members.Here is the list of Matic Insurance's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 3m | |
dwkcjjs | Independent board member | - | Current | 9y 3m |
wxhqflm | Independent board member | - | Current | 4y 4m |
pvwyfau | Independent board member | - | Current | 6y 5m |
hgupkbe | Independent board member | - | Current | 6y 1m |
View details of Matic Insurance's Founder profiles and Board Members
Matic Insurance's employee count trend
Matic Insurance has 310 employees as of Apr 26. Here is Matic Insurance's employee count trend over the years:
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Matic Insurance's Competitors and alternates
Top competitors of Matic Insurance include Azibo, Honeycomb Insurance and SageSure. Here is the list of Top 10 competitors of Matic Insurance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Azibo 2010, Reno (United States), Acquired | Digital bank for landlords | $29.5M | 67/100 | |
2nd | Honeycomb Insurance 2019, Denver (United States), Series B | AI-based comparison platform for real estate insurance | $54.7M | 64/100 | |
3rd |  Matic Insurance 2014, Columbus (United States), Series C | Provider home insurance quote solutions | $80.8M | 63/100 | |
4th |  SageSure 2006, Jersey City (United States), Series D | Online property comparison platform for individuals and businesses | $320M | 60/100 | |
5th | SmartFinancial 2016, Costa Mesa (United States), Public | Insurance comparison platform offering quotes for auto, home, health, and more | - | - | 55/100 |
6th | Roost Smart Home Telematics 2014, Sunnyvale (United States), Series B | Provider of telematics solutions for homeowners and commercial insurance businesses | $23.4M | 53/100 | |
7th | ResiQuant 2023, San Francisco (United States), Series A | Provider of AI-powered property risk assessment and underwriting solutions | $4.65M | 48/100 | |
8th | National Homeowners Insurance 2016, Cambridge (United States), Unfunded | Online insurance marketplace simplifying insurance shopping for families, property, and future | - | - | 39/100 |
9th | Bungalow 2014, Philadelphia (United States), Acquired | Making renters insurance convinient | - | 38/100 | |
10th |  PMI Ratw Pro 2019, Overland Park (United States), Acquired | Online mortgage insurance comparison platform for homebuyers | $20K | 34/100 |
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Matic Insurance's Investments and acquisitions
Matic Insurance has made no investments or acquisitions yet.
News related to Matic Insurance
Filter this listMedia has covered Matic Insurance for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
•
Matic Partners With nCino to Embed Home Insurance Into Mortgage ExperienceGlobeNewswire•Feb 11, 2026•Matic Insurance, nCino, Ranger Investments
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Matic Partners With Floify to Integrate Insurance Into Digital Loan ExperienceGlobeNewswire•Jun 11, 2025•Matic Insurance, Floify
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Matic Insurance Services Secures $30M from Vistara GrowthFinSMEs•Jan 08, 2025•Matic Insurance, Vistara Growth
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Matic Insurance Launches New Partnership with GVC MortgageGlobeNewswire•Feb 13, 2024•Matic Insurance, GVC Mortgage
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Matic Raises $20M in Series B Extension Up-RoundFinSMEs•Oct 12, 2023•Matic Insurance, IA Capital Group, Cultivation Capital, Fenway Summer Ventures and 8 others
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Matic Raises $20M Series B Extension Up-Round With New InvestorsGlobeNewswire•Oct 11, 2023•Matic Insurance, IA Capital Group, Cultivation Capital, Intuit and 2 others
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Matic Insurance Launches Exclusive Partnership with New American FundingInsuranceNewsNet•Oct 04, 2023•Matic Insurance, New American Funding
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Superior Loan Servicing Partners with Matic to Offer P&C Insurance to CustomersInsuranceNewsNet•Dec 19, 2022•Superiorloanservicing, Matic Insurance
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