Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- The auto industry has the opportunity to capture billions of dollars in revenue from traditional insurance brands by offering vehicle-branded auto insurance. The auto industry has this opportunity because their customers are already thinking about car insurance while buying their new car. Tesla demonstrated this Vehicle Point of Sale works for insurance by selling its own Tesla Insurance.
Our opportunity is to provide the insurance product and customer experience through which the rest of the auto industry leverages this Vehicle Point of Sale. Our opportunity exists because, other than Tesla, the auto industry has been unable to deliver an insurance product that successfully captures this revenue.
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