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Kin Insurance is an insurance technology company offering home insurance that is headquartered in Chicago, Illinois that was founded in 2016 by Lucas Ward, Sean Harper, Sebastian Villarreal, and Stephen Wooten.
Kin Insurance analyses thousands of data points to create personalized home insurance quotes for their customers that they claim can save customers up to 20% on their home insurance compared to other home insurance companies. Kin Insurance also helps their customers lower their premiums by recommending and finding deals on products and services that make their homes safer
On September 9, 2016 Kin Insurance completed an angel funding round with $650,000 in funding from Yishai Lerner, Stella Fayman, Shawn Budde, Seth Harris, Sam Hodges, Randy Redding, Mihir Shah, Jonathan Gheller, Francisco Larrain, and Daniel Scrivner.
On August 1, 2017 Kin Insurance completed their seed funding round with $4 million in funding from Service Provider Capital, Sandalphon Capital, Portag3 Ventures, Omidyar Network, Picus Capital, Commerce Ventures, Chicago Ventures, 500 Startups, and Dr. E. Bora Uygun.
On February 14, 2018 Kin Insurance completed their series A funding round with $13.1 million in funding from Commerce Ventures (lead investor), August Capital (lead investor), Sandalphon Capital, and 500 Startups.
BrightPolicy is a company that participated in the 500 Startups Batch 18 cohort and raised an estimated $650,000.