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Apollo Insurance Solutions
Canada’s leading InsurTech, APOLLO is making insurance effortless for individuals and small businesses across the country. Quote, bind, and issue policy documents in real-time
About Apollo Insurance Solutions
Apollo Cover, accessible at apollocover.com, is a dynamic startup operating in the insurance sector. The company primarily serves small businesses, freelancers, and individual clients in Canada. Apollo Cover offers a comprehensive range of insurance products designed to protect against various risks, including property damage, liability issues, and personal losses. The company aims to simplify the insurance process by providing easy-to-understand policies and a user-friendly online platform.
Apollo Cover operates in the digital insurance market, leveraging technology to streamline the insurance purchasing process. This market is growing rapidly as more consumers and businesses seek convenient, online solutions for their insurance needs. Apollo Cover stands out by offering tailored insurance products that cater specifically to the unique needs of small businesses and freelancers, who often face challenges in finding appropriate coverage.
The business model of Apollo Cover revolves around providing insurance policies directly to clients through its online platform. This direct-to-consumer approach eliminates the need for traditional insurance brokers, reducing costs and making the process more efficient. Apollo Cover makes money by charging premiums for the insurance policies it sells. These premiums are calculated based on the level of risk and the type of coverage provided. Additionally, the company may earn revenue through partnerships and collaborations with other businesses in the insurance and financial sectors.
Apollo Cover also publishes Apollo Magazine, an online resource that offers valuable insights on leadership, technology, business trends, and lifestyle topics. This magazine serves as an additional value proposition for clients, providing them with relevant information to help them succeed in their personal and professional lives.
In summary, Apollo Cover is a forward-thinking insurance provider that uses technology to offer tailored insurance solutions to small businesses and freelancers in Canada. By simplifying the insurance process and providing valuable resources through Apollo Magazine, the company aims to support its clients in achieving their goals.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2017
- Headquarters
- Vancouver, Canada
- Employees
- 64
- Open positions
- None listed
- Dealroom signal
- 63.5/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, SME, Insurtech Distribution and Brokerage, PandC Insurance, Commercial Insurance
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Aug 2026 | $0 | — | Gallagher | ↗ |
| DEBT✓Debt | May 2024 | $14M | — | Fair Capital Partners · Innovation Federal Credit Union | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Apollo Insurance Solutions is 170K monthly website visits, up 30.8% over the last three months. Apollo Insurance Solutions's team grew 1.6% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Liberty Mutual Insurance
Gravitas Securities
Definity Financial
Series B and later2 investors entered at this stage
Fair Capital Partners
Innovation Federal Credit Union
Other known investors5 additional known investors
Gallagher- AVAventrock Ventures
Aventrock Ventures
Caliber
Trisura Guarantee Insurance
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Apollo Insurance Solutions on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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