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Allium Data: Operates an insurance marketplace promoting price transparency and efficiency for insureds, brokers, and carriers in the insurance industry.
Allium Data operates a venture-backed insurance marketplace designed to promote price transparency and create a more efficient system for various industry participants. The platform addresses historical information scarcity within the global insurance sector by aggregating and providing data from each step of the complex product chain. By structuring this previously opaque market information, the company serves a diverse range of ecosystem participants, including individual insureds, commercial brokers, and institutional insurance carriers. The digital marketplace functions as a centralized hub that connects these distinct parties to facilitate better pricing discovery and streamline policy transactions across the broader insurance landscape. The enterprise is currently supported by private venture capital investors to scale its data-driven technological infrastructure and disrupt traditional industry opacity. The company was founded by Chief Executive Officer Michael Rost to modernize these legacy financial systems.
Allium Data has raised $750K across 1 funding round.
Allium Data has raised $750K in total across 1 funding round.
Allium Data has raised $750K in total across 1 funding round.
Allium Data's investors include Markd.
Allium Data has raised $750K across 1 funding round. Most recently, it raised $750K Pre-Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 3, 2023 | $750K Pre-Seed | Markd |