Meet Justos, the new Brazilian insurtech that just got backing from the CEOs of 7 unicorns – TechCrunch
Meet Justos, the new Brazilian insurtech that just got backing from the CEOs of 7 unicorns Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. But in markets like Brazil, the idea is still considered relatively novel. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward those who drive safely by offering “fairer” prices. And now Justos has raised about $2.8 million in a seed round led by Kaszek, one of the largest and most active VC firms in Latin America. Big Bets als...
Source: techcrunch.com