MagicQuote

The digital auto insurance platform for the millennial generation.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Richmond, VA, US
  • Currency USD
  • Founded April 2016
  • Employees 5
  • Incorporation Type LLC
  • Website magicquote.com

Company Summary

Auto insurance comparison app and web platform targeting millennials. Producing early revenue. Seeking $500,000 to fund marketing/product/technology roadmap. Of this, $125k has recently been committed, including $100k from VA's Center for Innovation and Technology.

Our funnel is 3x more effective than competitors. Paid cost to acquire a customer is 8x lower. The only provider showing rates from 180 carriers, including all leading brands.

Team

  • Founder and CEO

    3rd startup in insurance space, including $1B market leader in US travel insurance and digital merchandising platform for add-on, ancillary products.

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