Led · Seed · Mar 2024

BeniPlus offers the BeniPlus Wallet, a single interface that combines health/wellness spending accounts, personal insurance, RRSP contributions, and charitable giving for small business owners. The company received a $1.1 million CAD investment from Canadian insurance broker Axis Insurance. The capital is intended to accelerate BeniPlus’s growth plans and help expand its market share. Axis Insurance’s CEO Alex Meier said the partnership will enable the firms to address transactional insurance needs with greater precision and complement Axis’s advisory services. BeniPlus CEO Johann Reandino said Axis’s leadership and vision align well with BeniPlus and called Axis the right partner for the company’s next stage of growth. The article does not provide revenue, user metrics, founding year, or prior financing details. BeniPlus Inc. is a Toronto, Canada-based provider of group benefits that offers a cloud-based platform targeted to small businesses across Canada. Led by co-founder and president Stephen DeKuyper, the company focuses on developing group benefits solutions tailored to small employers. The company announced a second seed funding round, with the amount undisclosed. Global Excel Management made the second investment, following an initial investment in May 2018. BeniPlus intends to use the funds to continue developing its group benefits product for small businesses. The article did not disclose revenue, user, or valuation metrics.

Led · Series A · Feb 2023

Goose is an insurtech that offers a consumer-focused insurance super app providing travel, life, cancer, and other personal insurance products in Canada and the United States. Its mobile app lets members buy more than 19 different policies across 30 U.S. states and 8 Canadian provinces within minutes. The company has expanded carrier relationships with partners including AIG, IMG, iA Financial Group, TeachersLife, and American Amicable, and was recently appointed a coverholder for Lloyd’s of London. Goose has experienced rapid adoption, doubling its membership base and premiums over the past year. The company plans to use new capital to accelerate adoption in Canada and the U.S. through education and awareness initiatives. Leadership is headed by President and CEO Dejan Mirkovic; Goose was founded in 2018 and is based in Vancouver, Canada. Goose is a mobile-first travel medical insurance provider that launched across Canada in August 2018 and offers instant access to travel medical insurance via iOS and Android apps. Users can purchase coverage in under 60 seconds for as little as $4 per day, with policies that provide up to $10 million in travel medical insurance and can be bought up to seven days after a vacation has begun. The app includes hospital locators, 911-equivalents, instant agent chat, and a reminder "honk" when it detects the user is near an international airport or the U.S. border. Goose was founded in 2017 and is based in Vancouver, British Columbia; it currently serves British Columbia, Alberta, Saskatchewan, Manitoba and Ontario and is licensed by provincial insurance councils. The company raised a $2.25 million seed round led by Impression Ventures to support its Canadian rollout. Goose cites research finding about 50% of Canadians travel uninsured and positions its low-cost, on-demand product to increase insurance take-up.

Led · Series A · Feb 2023

Goose operates a consumer-focused insurance super app that lets members purchase over 19 different insurance policies — including travel, renters, pet, critical illness, and up to $1 million term life — in minutes. Its product is available across 30 U.S. states and 8 Canadian provinces and is fully self-serve via a single mobile app. Goose has partnerships with carriers such as AIG, IMG, iA Financial Group, TeachersLife, and American Amicable, and was appointed a coverholder for Lloyd’s of London to build customized insurance solutions. The company has doubled its membership base and premiums over the past year. Goose plans to use new funding to accelerate adoption in Canada and the U.S. through education and awareness initiatives targeting underserved consumers. Founded in 2018 and based in Vancouver, Goose positions itself to reach roughly 200 million underserved customers with more affordable, accessible insurance products.