V
VOOM
Provides telematics-based insurance platform for specialized mobility
About VOOM
VOOM Insurance operates in the motorcycle insurance market, offering a unique pay-per-mile model that allows riders to save up to 60% on their insurance costs. The company targets low-mileage motorcycle riders who typically ride less than 3,000 miles per year. VOOM's business model is straightforward: customers pay a low monthly base rate plus a few cents for each mile they ride. This is facilitated by customers submitting a photo of their odometer each month, eliminating the need for hardware or tracking devices. The company generates revenue through these monthly premiums and per-mile charges. By focusing on a niche market of low-mileage riders, VOOM provides a cost-effective and flexible insurance solution that aligns with the actual usage patterns of its clients.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Tel Aviv-Yafo, Israel
- Employees
- 16
- Open positions
- None listed
- Dealroom signal
- 66.2/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Car Insurance, Full Stack Insurance, PandC Insurance
- Technology
- Artificial Intelligence, Mobile app
- Business model
- SaaS
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2021 | $15M | $60M | JAL Ventures · UP.Partners · ICON Continuity Fund · F2 Venture Capital | — |
| SERIES A✓Equity / VC | May 2019 | $5M | $20M | Arbor Ventures · Plug and Play · Kaedan Capital · Verizon Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for VOOM is 22K monthly website visits, up 0% over the last three months. VOOM's team declined 15.8% 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 A8 investors entered at this stage
Plug and Play
Verizon Ventures
Kaedan Capital
Arbor Ventures
F2 Venture Capital
JAL Ventures
UP.Partners- IFICON Continuity Fund
Other known investors1 additional known investor
Google for Startups Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about VOOM 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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