Sproutt Insurance

Sproutt Insurance

A platform that offers people a smarter and easier way to buy life insurance. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues1.3m3.7m5.0m7.7m7.7m
% growth-182 %35 %53 %-
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DateInvestorsAmountRound
-

N/A

-

$12.0m

Series A

$26.0m

Series B
*
N/A

N/A

Bankruptcy
Total Funding$38.0m

Recent News about Sproutt Insurance

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More about Sproutt Insuranceinfo icon
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Sproutt operates in the life insurance market, providing personalized life insurance policies tailored to individual health and lifestyle metrics. The company serves a diverse range of clients, from young professionals to families, who are looking for affordable and comprehensive life insurance solutions. Sproutt leverages advanced algorithms and data analytics to assess the health and lifestyle of its clients, offering them customized insurance plans that reward healthy living habits. The business model is based on direct-to-consumer sales, cutting out traditional intermediaries to offer competitive pricing. Revenue is generated through the sale of life insurance policies and potentially through partnerships with health and wellness companies. Sproutt's market strategy focuses on simplifying the insurance buying process, making it accessible and straightforward for users through an intuitive online platform.

Keywords: life insurance, personalized policies, health metrics, data analytics, direct-to-consumer, competitive pricing, seamless experience, health rewards, online platform, customer-centric.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Sproutt Insurance

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The Reder Agency
ACQUISITION by Sproutt Insurance Mar 2023