Vouch, an insurance provider re-thinking business insurance for the technology industry, has partnered with StartupOS to bring insurance to early-stage startups.
Based in the US, Vouch provides business insurance to thousands of high-growth companies that have raises $160m from top-tier Silicon Valley institutions and investors.
Established in 2018, the company aims to empower its clients to get risk management right through nice expertise, a proprietary approach to underwriting fast, digital-first procurement and coverages that scale as the company grows.
StartupOS is a platform that helps founders grow their startups with essential tools, expert guidance, and a community of mentors, investors, and partners. The partnership sees StartupOS users now get quotes for General Liability and Business Property insurance coverages from Vouch directly from the StartupOS platform.
Additionally, the platform will host free risk management training modules from Vouch that are designed specifically for early-stage founders. The partnership underscores both companies’ commitment to serving early-stage founders and to helping them protect their companies from the beginning.
Vouch’s API allows partners like StartupOS to take advantage of Vouch’s core underwriting functionality through an integration that is easy to implement and maintain. The API allows partners to offer materially better experiences to their users so that buying insurance feels like a native part of their platform.
Travis Hedge, Co-founder and CRO, Vouch, said, “Two-thirds of founders get business insurance at company formation, but zero percent of first-time founders do. When it comes to insurance, there’s both an awareness and a trust gap that leaves many early-stage startups under-covered and vulnerable.
“With embedded insurance from Vouch, companies on the StartupOS platform can work directly within the platform they already use to get educated on the coverages that are essential to their business, get quotes, and work with Vouch to seamlessly complete the process of purchasing insurance.”
Earlier this year, Vouch acquired lending startup Level and its team of engineers.
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