Onsi
Founded Year
2019Stage
Corporate Minority | AliveTotal Raised
$22.6MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-139 points in the past 30 days
About Onsi
Onsi is a company that specializes in providing flexible worker benefits and insurance solutions operating within the human resources and insurance sectors. The company offers a platform that enables businesses to manage on-demand pay, rewards, and insurance for their workers based on shift data, with minimal manual work required. Onsi primarily serves businesses that employ shift workers and require scalable benefits programs. It was formerly known as Collective Society and changed its name to Onsi in September 2024. The company was founded in 2019 and is based in London, United Kingdom.
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Onsi's Products & Differentiators
Insurance
Accident and Injury Cover, Sick Pay, Family Leave, Rider Protection, Public Liability, Fleet Insurance
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Expert Collections containing Onsi
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Onsi is included in 4 Expert Collections, including HR Tech.
HR Tech
6,137 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Gig Economy Value Chain
155 items
Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry
Insurtech
3,403 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Fintech
14,203 items
Excludes US-based companies
Latest Onsi News
Dec 3, 2024
Enjoy complimentary access to top ideas and insights — selected by our editors. (Bloomberg) --Zurich Insurance Group AG is looking to buy companies to further boost its growing retail health, travel and wellbeing business, following the completion of the $600 million purchase of American International Group's Travel Guard unit. "Employee assistance services is something I'm interested in," Cara Morton, chief executive of Zurich Global Ventures, said in an interview. "There could be other areas in the retail space, like pet insurance." Zurich Global Ventures is the insurer's platform business, which builds and sells globally applicable retail products. On Tuesday it announced it closed the purchase of AIG's travel insurance brand, which will now operate under the Zurich Cover-More label and relocate its headquarters from Australia to the US. Read More: Zurich Buys AIG's Travel Insurance Business for $600 Million "Travel is a really attractive proposition," Morton said. "Since the Covid pandemic the awareness of travel insurance has really accelerated and we're seeing high single-digit growth projections with travel insurance." The deal is one of a string of recent acquisitions the Swiss insurance company has made, which include the purchase of a majority stake in India's Kotak General Insurance Company Ltd, as well as a strategic investment in employee benefits firm Onsi. Chief Executive Officer Mario Greco has used bolt-on acquisitions to help bolster growth and compete with rivals such as Allianz SE and Axa SA. Last month the insurer set new targets for profitability and profit growth for the next three years, after a better-than-expected market returns put it on track to exceed its existing guidance a year ahead of plan. By Noele Illien By By Noele Illien By Gautam Naik December 2
Onsi Frequently Asked Questions (FAQ)
When was Onsi founded?
Onsi was founded in 2019.
Where is Onsi's headquarters?
Onsi's headquarters is located at 201 Haverstock Hill, London.
What is Onsi's latest funding round?
Onsi's latest funding round is Corporate Minority.
How much did Onsi raise?
Onsi raised a total of $22.6M.
Who are the investors of Onsi?
Investors of Onsi include Zurich Insurance Group, FinTech Legal Labs, Prosus Ventures, Stride.VC, Delin Ventures and 7 more.
Who are Onsi's competitors?
Competitors of Onsi include Insify, Hourly, Coverflex, Stello, Atlas and 7 more.
What products does Onsi offer?
Onsi's products include Insurance and 3 more.
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Compare Onsi to Competitors
Tapoly specializes in providing flexible insurance products and services for the business sector, focusing on small and medium-sized enterprises (SMEs), freelancers, and the self-employed. The company offers essential business insurance such as professional indemnity insurance, which protects against claims of financial loss due to advice or services, and public liability insurance, which covers injuries or damages occurring on the insured's property. Tapoly also provides insurance technology solutions that allow customers to tailor their coverage to their specific needs, ensuring they only pay for what is necessary. It was founded in 2016 and is based in London, United kingdom.
Optisure provides insurance for freelancers and entrepreneurs. Optisure's digital platform enables users to complete the paperwork for and adjust their insurance coverage online. It is based in Karlsruhe, Germany.
Trupo is a company that produces vegan milk chocolate and treats within the confectionery industry. Their products are vegan, gluten-free, soy-free, and nut-free. Trupo products include versions of popular childhood snacks, using fairly traded cocoa. It is based in Brooklyn, New York.
Portabl is a company that provides a support platform for freelancers, operating within the freelance services industry. The company offers tools for project and task management, dashboards, and billable hours tracking, which aim to assist independent workers. Additionally, Portabl provides access to a community for networking and resources related to insurance, financial, and wellbeing benefits for freelancers. It was founded in 2018 and is based in London, England.
SafetyWing provides insurance for remote workers and digital nomads globally. The company offers travel medical insurance for individuals and health insurance for remote teams, addressing the needs of a distributed workforce. SafetyWing's products ensure access to medical care for those living and working remotely. SafetyWing was formerly known as Safety Nest Inc.. It was founded in 2017 and is based in Palo Alto, California.
Orus focuses on providing insurance services, operating within the insurance industry. The company offers a range of insurance products, including professional liability insurance, multi-risk restaurant insurance, ten-year insurance, and health insurance for independent workers. Its services are designed to provide coverage for various professional activities, with a particular emphasis on independent workers, startups, and small to medium-sized enterprises. The company was founded in 2021 and is based in Paris, France.
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