Marble, the insurtech company that empowers individuals to manage their insurance with ease, announced today the successful completion of its Seed funding round, raising $4.2 million from a group of leading investors. The round was led by MS&AD Ventures, with participation from Goodwater Capital, Reciprocal Ventures, CE Innovation Capital, Distributed Ventures, IA Capital Group, and Blue Collective.
Marble was founded by Stuart Winchester, with the vision to revolutionize the insurance industry by giving individuals control over their insurance policies. The company offers a digital wallet that organizes all insurance policies in one place, providing members with a comprehensive view of their coverage.
Marble's commitment to transparency and unbiased policy recommendations has earned it the trust of its members. The platform alerts members when their policies are close to expiration and provides them with information to compare rates and find the best policy for their needs.
The company has also built the world's first rewards-based membership program in the insurance industry, which allows members to earn cashback for making informed choices about their insurance coverage. Marble has partnered with leading insurers to offer the program to its members.
"We are thrilled to have the support of such a distinguished group of investors," said Stuart Winchester, founder of Marble. "This funding will enable us to continue building innovative tools and services that empower individuals to take control of their insurance, and reward them for making informed decisions."