Young Alfred, a home insurance shopping platform, has announced a USD 10 million funding round led by Gradient Ventures, Google´s AI-focused venture fund, the company said.
Seed round investors Pear Ventures, ERA, and Newfund Capital also participated in this round.
The company will use the new capital to hire engineering, sales and business development talent, and scale its marketing efforts to bring the best in class home insurance shopping experience to both homeowners and partners.
Young Alfred is the most advanced home insurance shopping platform on the market. The company uses data to match consumers to the best coverage options and allows them to buy without having to pick up the phone. Young Alfred has direct partnerships with over 30 insurance carriers and is licensed in 51 states and offices in New York City, NY and Philadelphia, PA. To learn more about Young Alfred, visit www.youngalfred.com.