Sigo Seguros Raises $5.1M in Pre-Series A Funding
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Stay updated with breaking news from Hugo Solari. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
U.S. Insurtech Sigo Raises $1.5 Million Through Seed Funding Round Sigo, a U.S.-based insurtech that specializes in car insurance, announced on Tuesday it raised $1.5 million through its latest Seed funding round, which saw participation from Amicle Capital, Bonded Capital Ventures, Demeter Capital, Financial Solutions Lab, Park City Angels, and gANGELS. Founded in 2019, Sigo describes itself as an inclusive auto insurance provider focused on the $20 billion emerging standard auto insurance market. “Sigo provides affordable access via its direct-to-consumer platform that is tech-ena...
Sigo’s executive leadership team (from left to right): Ivan Arambula (VP of Engineering); Randel Bennett (VP of Insurance); Néstor Hugo Solari (CEO); Júlio Erdos (COO) Sigo, a Jersey City, NJ-based managing general agency providing underserved populations with access to auto insurance, raised $1.5M in seed funding. Backers included Amicle Capital, Bonded Capital Ventures, Demeter Capital, Financial Solutions Lab, Park City Angels, and gANGELS. The company intends to use the funds to continue to expand operations and the business reach of its auto insurance product for immigrant and Lat...
Share this article Share this article JERSEY CITY, N.J., April 27, 2021 /PRNewswire/ -- Sigo, a managing general agency providing underserved populations with affordable access to auto insurance, is leveraging its newly secured funding to further serve the overlooked segment of immigrant and Latinx customers. The $1.5M seed round, with participation from Amicle Capital, Bonded Capital Ventures, Demeter Capital, Financial Solutions Lab, Park City Angels, and gANGELS, will allow Sigo to launch an auto insurance product that removes biased rate factors from day one of the underwriting process....
Sigo Partners with Mexico-based Saive to Launch First Spanish-Language Safe Driving App in the U.S. Share Article Powered by Saive, Auto Insurer’s New Telematics Solution Creates Safer Roads & Allows Drivers to Earn Rewards More than 38,000 people in the U.S. lose their lives each year in car crashes. Saive’s goal has always been to reduce the number of road accidents and protect all drivers, so we’re excited to continue furthering our impact in the U.S. with the help of Sigo HARRISON, N.J. (PRWEB) January 26, 2021 Sigo, an...