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Life by Spot
http://lifebyspot.com/Last activity: 26.01.2020
Active - Reference to Spot Insurance
Providing financial protection to those who live life and face sudden physical injuries
About Life by Spot: Life by Spot is a radical departure from traditional insurance, offering short-term, on-the-Spot injury protection starting at $5/day. Ranging from 1-30 day policies, Life by Spot enables policyholders to live life to the fullest. Key Product Info: Value: $20,000 of accident coverage starting at $5/day. How it works: Spot reimburses up to $20,000 of out-of-pocket medical expenses resulting from physical accidents. Purchase a policy online at lifebyspot.com and get instantly covered. Who can use it: Spot covers any experience level ranging from beginners to full-on professional athletes.
About Life by Spot: Life by Spot is a radical departure from traditional insurance, offering short-term, on-the-Spot injury protection starting at $5/day. Ranging from 1-30 day policies, Life by Spot enables policyholders to live life to the fullest. Key Product Info: Value: $20,000 of accident coverage starting at $5/day. How it works: Spot reimburses up to $20,000 of out-of-pocket medical expenses resulting from physical accidents. Purchase a policy online at lifebyspot.com and get instantly covered. Who can use it: Spot covers any experience level ranging from beginners to full-on professional athletes.
Employees: 11-50
Total raised: $6M
Investors 4
| Date | Name | Website |
| - | 9Yards Cap... | 9yards.vc |
| - | Plug and P... | plugandpla... |
| - | 9Yards Cap... | 9yardscapi... |
| - | Zeno Ventu... | zenoventur... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 21.12.2018 | - | $6M | - |
Mentions in press and media 4
| Date | Title | Description |
| 26.01.2020 | 25 of Austin’s Hottest Startups to Watch in 2020 | Austin had another outstanding year with startup activity overall on the rise. |
| 28.08.2019 | Austin is Becoming a Hub of Innovation for the Insurance Industry | Data analysis, machine learning and artificial intelligence are driving big changes in the insurance industry, |
| 21.12.2018 | Life by Spot Launches with $5.85 Million in Funding | From climbing Mount Everest to diving the Great Barrier Reef, adventurous people can now get a short-term life insurance policy from Austin-based Life by Spot. |
| 21.12.2018 | Life by Spot, a New Austin InsureTech Startup for Thrill Seekers, Launches with $6M | Austin has a new insuretech startup, and it's launching with strong backing from local investors. Life by Spot was co-founded by CEO Matt Randall, who previously founded art marketplace TWYLA, and COO Maria Miller, a former New York Life ex... |