This article showcases our top picks for the best San Francisco based InsurTech companies. These startups and companies are taking a variety of approaches to innovating the InsurTech industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top San Francisco InsurTech Companies
Metromile is the provider of pay-per-mile car insurance company in the U.S. Powered by data science and machine learning, the company is disrupting a $250 billion auto insurance category.
Metromile is building a loyal community of drivers who come for the savings and stay for the experience. AVA, Metromile’s AI-driven claims system, is designed to speed up the process of verifying and paying out insurance claims.
Using Metromile Pulse sensor data, AVA can reconstruct the scene of an accident to instantly determine if claim details are accurate. When the claim is verified, Metromile is able to automatically approve payments within seconds..
States Title enables an instant real estate closing experience. The company uses machine intelligence and its patented technology solution to transform residential real estate, making closings instant and affordable.
States Title and its family of brands – North American Title Company (NATC) and North American Title Insurance Company (NATIC) – offers solutions for lenders, real estate agents, title agents, and homeowners that make closings vastly more simple and efficient, reducing cost and increasing customer satisfaction. States Title’s clients include some of the largest bank and non-bank lenders in the U.S.
To learn more visit statestitle.com.. .
Ethos Life is an insurance company that provides modern and ethical life insurance to protect life. They’re building ground-breaking software for life insurance (a $650 billion market) and the company’s mission is to make protecting your family affordable, accessible, and instant.
It also employs a human approach in delivering its services. Ethos policies are issued and guaranteed by Legal & General America (LGA), a large U.S.
life insurance provider since 1836. They use technology to learn about what makes you unique so that they can find new and truly personal ways to cover you.
Ethos was founded in 2016, the company is headquartered in San Francisco, California, United States.. .
Glow is a fertility app that crunches and analyzes vast quantities of data to help users take control of their reproductive health. It was launched as a single app on a single platform with the aim of helping women become pregnant.
Glow helps women track their cycles and get the most accurate fertility predictions, whether they are avoiding pregnancy or trying to conceive. It assists women in many phases of their reproductive journeys such as avoiding pregnancy, conceiving, pregnancy, and postpartum.
Glow also provides miscarriage support for women who have experienced a loss. In each stage, Glow provides insights, articles, useful tips, and a translation of health data to achieve better fertility outcomes.
It was launched in 2013 by [Michael Huang](https://www.crunchbase.com/person/michael-huang), [Max Levchin](https://www.crunchbase.com/person/max-levchin), [Kevin Ho](https://www.crunchbase.com/person/kevin-ho), [Ryan Ye](https://www.crunchbase.com/person/ryan-ye), and [Chris Martinez](https://www.crunchbase.com/person/chris-martinez-2). It is based in San Francisco, C.A..
Extend is an API first company that allows any merchant to offer extended warranties and protection plans, both online and offline, while also providing the merchant’s end customers with a vastly improved and modern support experience that eliminates many of the issues customers face today with legacy underwriters. Their intelligent decision engine uses machine learning to optimize warranty offers in real-time, thereby improving warranty and cart conversions and generating the most revenue for the merchant.
Extend platform is integrated into leading eCommerce solutions including Shopify, Magento, Salesforce Commerce Cloud, BigCommerce, and others so that they can be up and running quickly, with no technical requirements. They also provide custom API integrations for larger merchants who have their own eCommerce platform.
It stores all the details of an individual’s product purchase and warranty plan for them, while also assisting throughout the claim process to create a seamless experience from start to finish. It was founded in 2019 and is headquartered in San Francisco, California..
LifeRaft is a new insurtech company that offers supplementary health insurance products for patients. The company takes on the health expense monster, relieving the financial stress for patients so they can focus on getting better, rather than how they will pay their hospital or specialists’ bill.
Its products offer affordable monthly premium options and a direct cash benefit to the policyholder upon a covered event. The LifeRaft platform is fully digital from application to policy generation to claims for a seamless purchase, enrollment, and administrative experience.
Founded in 2020 and is headquartered in San Francisco, CA, USA.. .
Socotra is a technology platform that builds a modern cloud-based platform for technology-driven insurers. Its platform is built from the ground-up using the latest technologies to be transparent, reliable, flexible, and secure.
It aims to provide insurers with a modern, enterprise-grade core system that enables them to rapidly develop and distribute products that better serve their customers. Socotra was founded in 2014 and is headquartered in San Francisco, California..
Super is a subscription service that provides care and repair for homes. From desktop, tablet, or mobile phone, subscribers are only one tap away from getting the service needed for homes.
The company pays for repairs and breakdowns on covered appliances and home systems. Its maintenance schedule helps people understand the needs of a home.
Super was founded in 2015 and is headquartered in San Francisco, California.. .
At Huckleberry, they’re on a mission to give small business owners back time. Over the last decade, software has replaced most paper-based business management systems – from accounting, to tax preparation, to payments.
But commercial insurance is still bought and managed almost entirely offline, in a process that can involve layers of bureaucracy and take weeks to complete.. .
Fligoo is a global technology company from San Francisco. We are experts in Artificial Intelligence, Big Data, and Machine Learning with a focus on behavior analysis and prediction.
Our solutions are creating millions of dollars of additional value to world leaders in several industries, by increasing their sales, reducing their costs, or just making their unique processes smarter with AI.. .
kWh Analytics is the market leader in solar risk management. By leveraging the most comprehensive performance database of solar assets in the United States (20% of the U.S.
asset class) and the strength of the global insurance markets, kWh Analytics’ customers are able to minimize risk and increase equity returns of their solar portfolios. kWh Analytics invented the Solar Revenue Put to help solar investors reduce their biggest cost: the cost of capital.
The credit enhancement has been valued by the leading project finance banks and implemented by top investors on $500M+ of solar projects. We wrote the book on “risk management” for solar investors, and our software solution, HelioStats, supports the market’s largest financial institutions on their data management and compliance obligations.
kWh Analytics is backed by private venture capital and the US Department of Energy. kWh Analytics was founded in 2012 and is based in San Francisco, California..
– CARVI is the only company that offers “Vision-based Advanced Driver Assistance System (ADAS) + Contextual Data Platform based on Driver Behaviors and 3D road data“ – CARVI helps safe driving by eliminating the risk of accidents while driving and analyzing/managing the driver’s habits. – CARVI also supports Smoke detection, Drunk Driving detection, Parking Violation detection and Keyless lock/unlock solution for Insurance, Fleets and Car-sharing services.
– CARVI has experienced vision-based ADAS as an OEM to the car manufacturer, and now focuses on Telematics which has a market share of 100B dollars on 2025. – The “Camera-based driving, driver’s habits, road conditions and environment” data acquired by CARVI has core values such as 3D road Map for self-driving cars..
Paladin is cybersecurity simplified. Our mission is to make cybersecurity accessible and practical for all companies.
Cyber risk is human risk. Paladin Shield, our all-in-one cybersecurity suite, makes it easy to defend employees, systems, and data against cybercriminals..
Safehub helps corporations manage catastrophe risk through physics-based technology, enhanced by sensors and AI. The Safehub Global Platform presents building-specific data in real-time, providing critical risk information.
This enables corporations to refine and evaluate insurance and risk reduction programs, and expedite emergency response and recovery, minutes following an event.. .
LeapLife is an established insurtech platform and digital life insurance agency that utilizes data science, deep underwriting knowledge, and proprietary technology, enabling consumers to apply for instant-decision life insurance policies with real-time quotes. LeapLife works with best-in-class insurance carriers to offer consumers a seamless experience from beginning to end.
This approach made Even and LeapLife a perfect match.. .
Safesite is transforming the way companies in high-risk industries manage their everyday safety and compliance needs. By combining innovative mobile and field-based technologies with ongoing virtual safety coaching, Safesite has proven to help customers prevent workplace incidents by up to 57%.
Over 4,000 US companies trust the Safesite platform to streamline and ensure compliance activities, drive team safety engagement and empower every worker in their organization to be a safety champion.. .
Delos is building a digital property insurance company for homeowners in catastrophe areas. Insurance is difficult to find in high risk regions; few insurers write in these areas and the ones that do are expensive and slow.
One main cause for this problem is low resolution catastrophe models, which have caused regular insurers to pull out of high risk areas. Our team has extensive experience in data science and aerospace engineering and is creating new, higher-resolution catastrophe models.
We use these models to create a new home risk rating system. We will also use our models to innovate on product, actively managing our client’s risk and helping them prepare for their likely perils..
GUILD is a platform to learn about insurance and find coverage options for the collaborative economy. It aims to help build a global community of entrepreneurs and individuals acting as peers.
GUILD does this by making insurance accessible and simple. GUILD was founded in 2013 and is headquartered in San Francisco, California..
TrustLayer is an insurtech solutions company that automates insurance verification with machine learning & AI and provides real-time updates on the R3 Corda distributed ledger ecosystem. TrustLayer helps companies eliminate error-prone, manual processes and streamline existing workflows to increase insurance compliance and decrease organizational risk.
Customers in multiple billion dollar industries such as construction and property management rely on TrustLayer for its ease of use, tracking and verifying certificates of insurance & other business documents, increased vendor compliance, and the ability to utilize their platform for multiple use cases.. .
Financial Technology Partners
Financial Technology Partners LP and FTP Securities LLC (“FT Partners”) is the only investment banking firm focused exclusively on the financial technology sector. They broadly define the sector as the dynamic convergence of technology-based solutions and financial services.
FT Partners was recently recognized as “Dealmaker of the Year” and “Investment Banking Firm of the Year” by The M&A Advisor. The firm was founded by Steve McLaughlin, Managing Partner, formerly a senior investment banker in Goldman Sachs & Co.’s Financial Technology Group and Financial Institutions Group in New York and San Francisco.
The firm’s Founder and senior bankers are all highly experienced investment bankers formerly with the financial technology, M&A and investment banking groups of Goldman Sachs & Co in New York, San Francisco, London and Los Angeles.. .
DigiSure is the leading end-to-end protection solution and cloud-native insurance management system for mobility and shared economy companies. We exist to put more power and control over a portion of the $1.6 trillion in property & casualty (P&C) insurance premiums spent annually directly into the hands of the people who know their businesses and customers best.
Our vision is to use connected data and automation to transform risk management to make it more transparent and responsive, similar to how the internet and mobile changed commerce and advertising. We do this by infusing data-enabled intelligence and automation technology into everything we build, all the while delivering a customer experience that is second to none.
Founded in 2018 by veterans of leading insurance, mobility and sharing economy companies, DigiSure is working to reimagine insurance for future mobility to create a safer, more secure and climate friendly world. The Company is based in San Francisco and maintains a global footprint.
For more information visit, www.digisure.ai.. .
FinRock is transforming the art and science of preventing property crime and the reduction of insurance fraud events. This is done through an identification type agnostic platform which allows users to create personal inventories of their possessions and link them to any current insurance policies.
The system provides benefit to the users through identifying property that has been stolen, facilitating its return, and by ensuring that adequate insurance coverage is offered that reflects the user’s actual needs. The platform, through the associated mobile apps, can provide law enforcement, insurance provides and even secondhand dealers with near real time information on the status of an item.
If it is found to be stolen or lost, then it can be returned to the owner who is notified of its location. In the case of hotels, universities or hospitals, a lost item can be found as the item just need be scanned to notify its owner that it has been found.
Unlike traditional property marking that concentrates on an owner number, the Retrieveit platform allows for the transferring of ownership of an item between users which also adds to the active user base. Unlike traditional insurance marketing, retrievit starts with the things people own.
This approach provides a finer understanding of user needs and allows the targeting of new policies to fill gaps in user policy profile. It is set to position the organization within developing markets such as South East Asia in advance of user insurance demand..
novae leverages disruptive technologies to provide superior user experiences. We make mobile transactions, communications and other business-consumer interactions faster, easier and more enjoyable on any platform.
Headquartered in San Francisco and with a business and innovation hub in Miami, an InsurTech hub in London and shared service centers in Buenos Aires and Bogotá, novae has clients across the Americas and Europe. novae is part of a&a Co, a global equity investment company based in San Francisco and focused on creating, acquiring and investing in artificial intelligence (AI), mobile services and payments/loyalty ventures.
novae’s strategic partners include Visa, CyberSource, BPP, Expedia and Canopius Syndicate at Lloyd’s. Investors in novae include the private debt and equity capital funds CASEIF III LP and ExWorks Capital LLC..
Well Advised helps consumers find the health coverage, care and services they need for a lifetime of health and wellness. Well Advised provides a simple application that guides users through selecting health plans, doctors, hospitals and services based on their unique preferences and needs.
The solution is built on an advanced artificial intelligence engine built by the first team to pass the iconic AI Turing Test.. .
True North Cos.
True North Cos. is a private investment and advisory firm building valuable, enduring businesses in technology, financial services and consumer products.
Founded in 2012 by Mike Shim, a corporate/M&A lawyer-turned tech executive, entrepreneur and venture investor based in Silicon Valley, True North Cos. works with world-beating leaders at startups and Fortune 500 companies alike to build more purposeful companies.
Purposeful companies share a common mission of improving the world through business, while delivering superior long-term returns to their employees, investors and the communities they serve.. .
Turning ideas into projects > Developing scalable business models > Disrupting the most traditional industries > Promoting our startups. Creating from Barcelona.
Launching from San Francisco. This is Novelty Labs _>Born and based between BCN & SF.
You may write to us at: Daily Finance Media/Fupping Ltd, First Floor, 61-63 Rochester Pl, London NW1 9JU.