Demandoo Insurance

Company Overview

Snapshot

Founded in August 2019 by Dean Stern, Demandoo Insurance operates with 1–10 employees. The company secured its first disclosed funding round in March 2021, with investment from Eyal Waldman.

Business overview

Demandoo Insurance specializes in providing on-demand, usage-based insurance solutions tailored for businesses in the gig, mobility, and shared economy sectors. This includes companies utilizing eScooters, bikes, shared cars, vans, or fleets, as well as supporting freelancers and temporary workers. The company leverages data from multiple sources and is developing an actuarial-driven AI algorithm to facilitate sophisticated and faster pricing, enabling the creation of flexible, affordable, and simple solutions with integrated safety features. Demandoo operates within the Fintech & Insurtech sector, serving B2B2C, B2C, and B2B business models.

Strategic signal

In October 2020, Demandoo Insurance partnered with Wolt to provide insurance solutions for freelancers. This collaboration highlights the company's strategic focus on the evolving gig economy and its ability to integrate its on-demand insurance platform with major service providers, signaling strong potential for market penetration and validation of its flexible insurance model.

Company Intelligence Q&A

What is Demandoo Insurance's primary business model?

Demandoo Insurance provides on-demand, usage-based insurance solutions for gig, mobility, and shared economy businesses, including those utilizing eScooters, bikes, shared cars, vans, or fleets, as well as freelancers and temporary workers.

When was Demandoo Insurance founded?

Demandoo Insurance was founded in August 2019.

Who is a co-founder of Demandoo Insurance?

Dean Stern is a co-founder of Demandoo Insurance, focusing on Business Development.

What was a key partnership for Demandoo Insurance?

In October 2020, Demandoo Insurance partnered with Wolt to provide insurance services for freelancers, expanding its reach within the gig economy.