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Pouch Secures Seed Round Funding From Ils Capital

May 11, 2021•over 4 years ago

Round Type

seed

Chicago

Description

Pouch has closed a seed round of funding from ILS Capital, giving it access to a portfolio company ecosystem and expertise that has accelerated its launch. Pouch, which offers simple, no-hassle commercial auto insurance that rewards small businesses for safe driving, adds a new line of business to ILS Capital’s portfolio while ILS provides resources that allow Pouch to focus on growth.

Company Information

Company

Pouch

Location

Chicago, Illinois, United States

About

Pouch rewards small businesses for safe driving. With instant quotes, simple sign up, and discounted rates based on your actual driving, Pouch offers a faster and smarter way to buy commercial auto insurance. At the same time, Pouch gives every customer free GPS vehicle tracking software to keep an eye on every vehicle, reduce risk, and improve safety. With Pouch, small business owners can better track and manage their fleet and lower their bills. Learn more at pouchinsurance.com.

FundzWatch™ Score

84
Medium Activity