VOOM is the world's first on-demand, telematics-based insurtech platform for Specialized Mobility products, dedicated to protecting users for anything they ride, fly, or sail. The company's first product, SkyWatch.AI, leverages the power of machine learning to assess and mitigate risks and provide on-demand insurance for thousands of drone pilots operating across the US. VOOM's data-driven, usage-based insurance products include multiple high-risk, episodic-usage mobility verticals, including e-scooters, e-bikes, powersports, motor boats, and small planes. Headquartered in Tel Aviv with an office in Palo Alto, CA, VOOM is a licensed insurance broker in all 50 US states.
Total Funding: $7M
Funding Stage: Series A
Business Stage: Scaling Up
Market: B2C, B2B
Company Size: 26 to 50
Founded: 2016
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