You may not realize it, but your insurance company knows a lot more about you and your household than even your bank.
At the same time, policyholders frequently face basic problems like inadequate, redundant, or overpriced coverage.
Trellis is a Series A technology start-up building APIs and embedded experiences that empower consumers to safely and easily access, share, and use their personal insurance information to get better-tailored, higher-quality products and services that offer maximum value.
Trellis has backing from multiple top venture capital investors, led by General Catalyst and QED Investors. Trellis is one of the fastest-growing and most profitable companies in the field of insurtech.
If you have car insurance, you can try a demo of Trellis at https://savvy.insure
Quick Facts About Trellis
Founded: March 2019
Founder & CEO: Daniel Demetri
3x fintech start-up exec
Co-founder of States Title (now named Doma and exiting via SPAC at a $3B valuation)
Led Product Management at online lender Earnest ($XXXM exit to Navient)
Previously: Google, Harvard, multiple banks and hedge funds
Vision: Consumer financial services that automatically work in concert to support personal purpose and meaning
Mission: Unlock the full value of the data in consumers' personal insurance accounts
Strategy: Simplify leading carriers’ online purchase experiences (with Trellis Connect), and embed Trellis-powered insurance recommendations (with Savvy) into large digital publishers
Traction: $XXMM of annualized revenue run-rate. Strategic partnerships with multiple Top 10 insurers, multiple top fintechs (e.g. Truebill, Albert, Chime), and multiple large online publishers. Net profitable in 2020.
Key investors: QED Investors (led Series A), General Catalyst (led Series Seed), NYCA Partners