Joyn Insurance
Founded Year
2020Stage
Series A | AliveTotal Raised
$17.7MLast Raised
$17.7M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-164 points in the past 30 days
About Joyn Insurance
Joyn Insurance focuses on underwriting commercial insurance in the small and middle market sectors. The company offers general liability and property insurance, using technology, data, and expertise to deliver a transparent and efficient insurance experience. Joyn Insurance primarily serves sectors such as real estate, manufacturing, services, wholesale, retail, and artisan contractors. It was founded in 2020 and is based in Sacramento, California.
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Joyn Insurance's Product Videos
Joyn Insurance's Products & Differentiators
Commercial Property
Standard offering
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Research containing Joyn Insurance
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Joyn Insurance in 1 CB Insights research brief, most recently on Feb 23, 2024.
Feb 23, 2024
The B2C US insurtech market mapExpert Collections containing Joyn Insurance
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Joyn Insurance is included in 2 Expert Collections, including Insurtech.
Insurtech
4,636 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
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Joyn Insurance News
Nov 4, 2024
On November 1, 2024, Joyn Insurance announced that management of existing policies effective 11/1/24 will transition to SiriusPoint Specialty Insurance Corporation. All current policies remain active until their expiration date, with non-renewal notices sent in line with state regulations. Xceedance will manage billing inquiries, endorsements, and other administrative tasks. For claims handling, SiriusPoint will continue servicing all claims, supported by Xceedance and Sedgwick . Joyn Insurance, founded in 2020, is a New York-based provider of commercial insurance for small and middle-market risks. The company developed Spark , an underwriting and policy administration system designed specifically for middle-market commercial lines of business. In January 2023, the company raised nearly $18 million in a Series A funding round with participation from investors including Avanta Ventures, Cohen Circle, ManchesterStory Group, OMERS Ventures, and SiriusPoint. Notably, Avanta Ventures, the venture capital arm of CSAA Insurance Group, has since ceased operations. The MGA is led by co-founder and CEO Seraina Macia, who previously led Blackboard Insurance, the technology-driven subsidiary of AIG that was placed into run-off in mid-2020. LinkedIn data shows that Joyn experienced a 23% reduction in its workforce over the past year, decreasing from 34 to 27 employees. Share this A really good email covering top news. Leave this field empty if you're human: Related Posts
Joyn Insurance Frequently Asked Questions (FAQ)
When was Joyn Insurance founded?
Joyn Insurance was founded in 2020.
Where is Joyn Insurance's headquarters?
Joyn Insurance's headquarters is located at 1625 North Market Blvd., Sacramento.
What is Joyn Insurance's latest funding round?
Joyn Insurance's latest funding round is Series A.
How much did Joyn Insurance raise?
Joyn Insurance raised a total of $17.7M.
Who are the investors of Joyn Insurance?
Investors of Joyn Insurance include SiriusPoint, OMERS Ventures, ManchesterStory Group, Avanta Ventures and Cohen Circle.
Who are Joyn Insurance's competitors?
Competitors of Joyn Insurance include Coterie Insurance and 6 more.
What products does Joyn Insurance offer?
Joyn Insurance's products include Commercial Property and 2 more.
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Compare Joyn Insurance to Competitors
biBERK is a small business insurance company that offers various insurance products. The company provides coverage such as workers' compensation, professional liability, general liability, business owner's policies, commercial auto, umbrella, and cyber insurance. biBERK serves small businesses across multiple sectors, including accounting, healthcare, construction, and information technology. It is based in Omaha, Nebraska.
Coterie Insurance provides small business insurance within the commercial insurance sector. The company offers products including business owners policies, general liability, professional liability, and cyber insurance, facilitated through a digital platform that enables quotes. Coterie Insurance serves independent agents and brokers, providing them with resources for the insurance process. It was founded in 2018 and is based in Appleton, Wisconsin.
Coverdash is a digital business insurance agency that specializes in providing tailored insurance solutions for various business sectors. The company offers a range of products, including general liability, business owner's policies, workers' compensation, cyber, professional, and management liability insurance. Coverdash primarily serves small businesses, startups, e-commerce merchants, and freelancers. It was founded in 2022 and is based in New York, New York.
Embroker offers digital insurance brokerage specializing in business insurance solutions across various industries. The company offers a range of commercial insurance packages, including professional liability, cybersecurity, and directors and officers insurance, tailored to meet the specific needs of businesses. It primarily serves sectors such as startups, law firms, tech companies, and financial services. It was founded in 2015 and is based in San Francisco, California.
Vouch provides insurance solutions for venture-backed companies within the technology sector. The company offers a range of insurance products, including general liability, business property, cyber, and directors and officers insurance, for startups and high-growth companies. Vouch serves the technology industry, focusing on startups and companies in different stages of growth. It was founded in 2018 and is based in San Francisco, California.
Advocate provides a software platform to replace manual insurance review processes with automated solutions for lenders in the financial services industry. The platform aims to improve pre-closing and servicing functions. Advocate serves commercial real estate lenders and other financial institutions involved in loan programs. It was founded in 2020 and is based in New York, New York.
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