Trov, stylized as Tr?v, is an American technology company based in the San Francisco Bay Area. CEO Scott Walchek and CSO Mark Dowds founded Trov in 2012.
Video Trov
Overview
Trov's app offers insurance for individual items and can be toggled on and off using "micro-duration policies". The application allows users to track their possessions using a photograph or an item or receipt and is backed up to the cloud. Trov partners with insurance carriers based on geographic region to offer coverage for the items protected through the app.
In 2016, Trov's Series C funding round generated $25.5 million led by Oak HC/FT. Suncorp Group, Guidewire, and previous investor Anthemis Group also participated in the funding round. As of 2016, Trov has raised $39.2 million in total funding. The original cloud-based application was limited to personal inventory and tracking the value of possessions. Following the funding round, Trov launched its mobile insurance platform in Australia in May 2016 through a partnership with Suncorp Group. Trov partnered with AXA for coverage in the UK. In September 2016, Trov reached an agreement with Munich Re to expand its insurance coverage in the U.S.
On April 7th, 2017, Trov closed a $45 million Series D funding round led by HSB Ventures, with participation from Oak HC/FT, Suncorp Group, Guidewire, Anthemis, and Japanese insurance giant Sompo Holdings. The recent financing round brings Trov's total funding to just over $85 million.
Maps Trov
References
Source of article : Wikipedia
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