Buddy

Buddy

The insurance gateway for software companies.

HQ location
Richmond, United States
Launch date
Employees
Enterprise value
$29—43m
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DateInvestorsAmountRound
-investor investor investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
*

$7.2m

Seed
Total Funding000k
More about Buddy
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Buddy is a company that provides an insurance gateway for software applications, allowing businesses to embed insurance products directly into their transaction flows with minimal effort. The company serves a diverse range of clients including booking engines, fintech platforms, insurtech companies, e-commerce businesses, and insurance brokers. Operating in the insurtech market, Buddy simplifies the process of offering insurance online by providing a customizable user interface, fully managed compliance, and quick product onboarding. The business model revolves around offering a drop-in snippet that eliminates the need for bulky API integrations, making it easier for companies to integrate insurance products. Buddy generates revenue by charging fees for the use of its gateway and related services. The company is licensed in all 50 states and the District of Columbia, ensuring broad market reach and regulatory compliance.

Keywords: insurance gateway, software integration, customizable UI, managed compliance, quick onboarding, fintech, insurtech, e-commerce, brokers, transaction flow.

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