Get Covered, a New York-based insurance coverage expertise supplier for multifamily operators, managers, residents and distribution companions, raised USD6M in Collection A2 funding.
The spherical was led by RET Ventures, State Farm Ventures, WISE Ventures and LeFrak.
The corporate intends to make use of the funds to innovate new merchandise, enhance staffing and develop partnerships with insurance coverage carriers, companies and proptech firms. Get Lined additionally plans to develop its shopper base of renters, condominium proprietor/operators and property managers and strategically develop in new and present markets.
Based in 2018 by Brandon Tobman, Dylan Gaines and Ryan Solomon, Get Lined offers insurance coverage expertise services and products for the multifamily trade that make shopping for, promoting and monitoring insurance coverage as easy and seamless as attainable. Its ensures that residents are coated with the neighborhood’s minimal required coverage and tracks insurance coverage insurance policies all through the lease time period. Embedding insurance coverage monitoring inside proprietor/operators’ present processes, Get Lined permits renters to buy custom-made insurance coverage insurance policies from A rated carriers. On the backend, proprietor/operators are geared up with a coverage admin portal for certificates of insurance coverage (COI) verification, monitoring, billing and coverage administration.
In 2022, the corporate has added greater than 600,000 items to its all-in-one activation and COI monitoring platform. Get Lined at present operates in 48 states and has been deployed in additional than 3,500 condominium communities nationwide.