ITC DIA Europe

DIAmond Award winner Trōv closes US$25.5M in funding

Written by Roger Peverelli and Reggy de Feniks - Founders The DIA Community on Feb 10, 2016

During DIA Barcelona 2016 over 550 attendees awarded Trōv with a DIAmond Award as insurtech with most strategic impact. Their on-demand insurance offering enables consumers to insure just the things they want—exactly when they want. Trōv’s innovativeness has attracted major new funding and they just announced their official global launch. Trōv Founder and CEO, Scott Walchek: “On-demand is the expectation of the connected generations. From purchasing and policies to pricing and claims, we’ve rebuilt insurance from the ground up by creating a truly on-demand experience. Now, with the close of our Series C financing and alignment with innovative partners, we’re equipped to rapidly evolve the technology and expand globally. Investors include venture fund OAK HC/FT, insurance technology provider Guidewire, Australian insurer Suncorp, and Anthemis Group. We’ll be launching first in Australia in the coming weeks, and the UK will follow later in 2016. The US and other regions will be released in 2017 and beyond.”  

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