What is Breeze?
Founded in 2019 and headquartered in Omaha, Nebraska, Breeze has developed a robust insurance technology platform designed to streamline the application and underwriting process for supplemental insurance products. Their digital-first approach enables consumers to easily quote, apply for, and bind policies covering critical illnesses and income protection. By offering a seamless online experience, Breeze aims to mitigate financial trauma associated with unexpected medical conditions, providing a vital safety net for individuals and families.
How much funding has Breeze raised?
Breeze has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2021): $10M with participation from Link Ventures, Northwestern Mutual Future Ventures, Fiat Ventures, M25, and Silicon Valley Bank
Key Investors in Breeze
Link Ventures
Link Ventures is a venture capital firm that invests in early-stage consumer internet technology companies, leveraging big data and AI to help portfolio companies scale.
Northwestern Mutual Future Ventures
Northwestern Mutual Future Ventures is the venture capital arm of Northwestern Mutual, focusing on strategic investments in companies that align with their long-term vision for financial planning and protection.
M25
M25 is an early-stage venture firm based in Chicago that exclusively invests in technology startups located in the Midwest, with a focus on Pre-Seed and Seed stage companies.
What's next for Breeze?
With the infusion of major strategic capital, Breeze is poised for accelerated growth and market penetration. The company's focus on simplifying complex insurance products through technology positions it well to capture a larger share of the supplemental insurance market. Future initiatives will likely involve expanding product offerings, enhancing the digital platform's capabilities, and potentially forging new strategic partnerships to broaden distribution channels. This latest funding round signals strong investor confidence in Breeze's business model and its potential to disrupt the traditional insurance landscape.
See full Breeze company page
