Mylo
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 10.4m | 14.2m | 16.4m | 20.6m | 25.3m |
% growth | - | 37 % | 15 % | 26 % | 23 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
* | $28.0m | Series A | |
$11.0m Valuation: $140m | Late VC | ||
Total Funding | AUD60.3m |
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EditMylo is a digital insurance platform that leverages award-winning technology and expert advisors to provide tailored insurance solutions. The company serves a diverse range of clients including businesses, families, and individuals seeking coverage for auto, home, life, health, and more. Operating in the insurance market, Mylo uses an AI-powered recommendation engine to match clients' needs with the best coverage options from over 100 leading carriers. The business model is based on offering a one-stop shop for insurance needs, making money through commissions from insurance carriers. Mylo's platform simplifies the insurance shopping process by providing easy-to-understand answers and expert advice, ensuring clients feel prepared and protected.
Keywords: digital insurance, AI-powered, tailored coverage, expert advisors, business insurance, auto insurance, home insurance, life insurance, health insurance, leading carriers.