Young Alfred

Young Alfred is an online marketplace to easily compare and buy home insurance. It is the most advanced home insurance shopping platform on the market.

Young Alfred uses data to match consumers to the best coverage options and allows them to buy without having to pick up the phone.

Young Alfred was founded in 2016 by David Stasie, & Jason Christiansen. The company is headquartered in Philadelphia, Pennsylvania, with an office in New York, New York.

Young Alfred empowers homeowners with the data to compare and purchase coverage online by highlighting the fine print under each policy form. It turns the nightmare experience of shopping for home insurance into an informed 15 minute transaction.

Young Alfred matches consumers to the insurance best-suited to their personal needs in minutes. Utilizing data, integrations and machine learning, the company optimizes the customer experience and finds the best results.

 

Young Alfred has direct partnerships with over 30 insurance carriers and is licensed in 51 states.

 

Young Alfred is backed by Gradient Ventures, Pear Ventures, ERA, Newfund Capital and others. The company raised $10M from a "Series A" financing on Oct 25, 2019. This brings Young Alfred's total funding to $12.3M to date.

 

 

  • Year founded: 2016
  • Funding Info: $12.3M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: $3M-$5M (2019)
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Philadelphia
  • State: Pennsylvania
  • Country: United States
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