Today, we are proud to announce that Clyde has been named to the 2022 CB Insights Insurtech 50 List of Most Innovative Insurtech Startups.
The 2022 Insurtech 50 cohort has raised over $11B from approximately 400 disclosed investors, across 215 equity deals, since 2017 (as of June 10, 2022). In 2021 alone, companies from this cohort raised over $5.5B across 55 deals. “The companies in our inaugural Insurtech 50 have built and harnessed new technologies to improve all aspects of the insurance value chain, from customer acquisition to underwriting and claims for a variety of different insurance products,” said Brian Lee, SVP of CB Insights’ Intelligence Unit. “Together they are accelerating innovation across an industry that directly impacts human health and well-being.”
Chosen from a pool of over 2,000 companies, including applicants and nominees, this year's winners were selected based on factors including R&D activity, proprietary Mosaic scores , market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty.
What does this mean for Clyde?
Our mission to connect people to the brands they love and bring product ownership to life has only just begun. Receiving this honor is a sign we’re on the right path. We’ll continue to seek out the best resources and tools to help our brands to boost profits and charm customers with the perfect product protection plans.
“With expert support, a world-class experience, and the best insurers in the industry, we're building the industry’s best product protection platform to give consumers the peace of mind they deserve. I'm extremely proud of our team for leveraging insurance to create beautiful, profitable product experiences. Gaining the trust of brands like Movado, SharkNinja, and Dyson is a testament to the strength of our platform for merchants and consumers alike.” - Brandon Gell, Founder and CEO of Clyde
Clyde's Ownership Enrichment Platform reimagines product protection, registration, and issue resolution so manufacturers and ecommerce brands can create beautiful, profitable, unified ownership experiences for their customers — and unlock the LTV of their dreams. Over 300 brands like Hydrow, Marshall, SharkNinja, Lull, Tempo, Newell Brands, and Barnes & Noble use Clyde to build deeper relationships with their customers.
If you want to learn more about the Insurtech 50 and the selection process, please download the Behind the Scenes of the Insurtech 50 webinar
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