Sigo is a Latinx-founded managing general agency that provides affordable access to auto insurance for underserved immigrant and Latinx customers via a natively bilingual, mobile-first platform. The company has written hundreds of thousands of dollars in premiums through its agency business and maintains a customer retention rate above 80% in California and Texas. Sigo removes biased rate factors from underwriting and plans to launch its own insurance product in Texas that replaces discriminatory metrics with telematics and a Spanish-language safe driving app. Founded in 2019 and operating from Jersey City, N.J., Sigo currently serves customers in California and Texas. The team is 100% Black- and Latinx-led and is supported by advisors with decades of insurance experience. Mentorship from programs like Entrepreneurs Roundtable Accelerator and gener8tor has aided the company's growth and hiring expansion.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2021