What is +Simple?
+Simple operates as a digital insurance broker, dedicated to simplifying the process for professionals seeking the right insurance coverage. By partnering with leading insurance providers, the company develops straightforward and cost-effective policies tailored for small businesses and independent workers. Their model emphasizes connecting clients with specialized insurance experts who can accurately assess individual needs and facilitate the selection of optimal policies.
How much funding has +Simple raised?
+Simple has raised a total of $98.8M across 1 funding round:
Unspecified
$98.8M
Unspecified (2022): $98.9M with participation from KKR
Key Investors in +Simple
KKR
KKR is a global investment firm with a mission to fortify companies and communities, investing across private markets in every asset class worldwide. They have a deep commitment to their clients and portfolio companies, believing in shared success.
What's next for +Simple?
The substantial enterprise-level capital infusion positions +Simple for accelerated growth and strategic expansion. This significant investment will likely fuel advancements in their digital platform, enhance customer acquisition efforts, and potentially broaden their network of insurance partners. The company's focus on simplifying insurance for underserved markets, such as small businesses and independent workers, suggests a strategic direction towards capturing a larger market share through technological innovation and personalized service.
See full +Simple company page
