What is Breeze?
Founded in 2019 and headquartered in Omaha, Nebraska, Breeze has developed a sophisticated platform that streamlines the application and underwriting process for supplemental insurance. By offering a fully digital, end-to-end solution, the company enables consumers to quote, apply, and bind policies for coverage against medical conditions such as cancer, heart attacks, and strokes. This approach addresses the critical need for financial stability during health-related crises, effectively mitigating the financial trauma associated with income loss. Breeze operates at the intersection of fintech and health-tech, leveraging technology to remove traditional friction points in the insurance buying journey.
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, M25, Silicon Valley Bank, Fiat Ventures, and Northwestern Mutual Future Ventures
Key Investors in Breeze
Link Ventures
A venture capital firm specializing in early-stage consumer internet technology, focusing on companies that disrupt markets through big data, artificial intelligence, and mobile innovation.
M25
An early-stage venture firm based in Chicago that focuses exclusively on technology startups located in the Midwest, utilizing a unique analytical approach to risk management.
Silicon Valley Bank
A financial institution providing commercial and private banking, asset management, and investment services tailored to the needs of the innovation economy.
What's next for Breeze?
With the support of its recent major strategic investment, Breeze is well-positioned to scale its operations and expand its market reach. The company is expected to focus on enhancing its proprietary underwriting algorithms and deepening its integration with existing insurance carriers. As the demand for accessible, digital-first protection products continues to rise, Breeze is likely to prioritize customer acquisition and the diversification of its product suite. By maintaining its focus on user-centric design and efficient policy binding, the firm is poised to capture a larger share of the supplemental insurance market, ultimately driving long-term value for its stakeholders and policyholders alike.
See full Breeze company page
