Oyster Technologies

Oyster Technologies

Provides better personal insurance for everyone by leveraging technology to re-imagine the entire consumer journey.

HQ location
New York City, United States
Launch date
Employees
Enterprise value
$14—22m
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Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-25 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Oyster Technologies
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Oyster is a consumer-focused insurance startup that provides flexible and customizable insurance policies for personal belongings. The company operates in the insurance market, offering its services to everyday consumers who require coverage for their possessions. Oyster's business model is centered around simplicity and convenience, with no complicated forms or fine print. The company offers comprehensive coverage at affordable prices, which can be instantly obtained either directly through Oyster or via its partner stores.

Oyster's unique selling point is its flexibility. Unlike traditional insurance policies that are often rigid, Oyster's policies are designed to be adaptable to the unpredictable nature of life. Customers can set their coverage based on their individual needs, and the policies can be instantly customized. This flexibility is backed by top-rated industry leaders and is fully compliant with state regulations, ensuring customers' peace of mind.

The company generates revenue through the premiums paid by its customers for the insurance policies. The pricing is competitive, attracting a broad range of consumers looking for affordable and straightforward insurance solutions. Customer testimonials highlight the ease of the application process, the competitive rates, and the quick and efficient customer support.

In conclusion, Oyster is a flexible, consumer-focused insurance provider that offers comprehensive and customizable coverage for personal belongings at competitive prices. The company operates in the insurance market, serving everyday consumers and generating revenue through insurance premiums.

Keywords: Insurance, Flexible Policies, Customizable Coverage, Consumer-Focused, Competitive Pricing, Comprehensive Coverage, Simplicity, Convenience, Partner Stores, State Regulations Compliant.

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