Portabl
Founded Year
2018Stage
Grant | AliveTotal Raised
$160KLast Raised
$40K | 5 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-20 points in the past 30 days
About Portabl
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.
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Portabl's Products & Differentiators
Portabl
Platform
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Expert Collections containing Portabl
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Portabl 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 Portabl News
Mar 2, 2022
| Insurance Business Australia Zurich Australia Insurance has named Portabl as the winner of the Australian round of its Innovation Championship, giving the startup a chance to pitch itself at the global competition against other local winners across the world. Portabl has built the first fully digital platform providing insurance solutions to a record-high number of self-employed workers. The platform ensures that insurance is ‘portable,’ meaning independent workers – who are often uninsured – can take benefits with them from gig to gig. Portabl also challenges traditional underwriting and credit scoring by using its own freelancer risk (FRISC) scoring method, which better appreciates the dynamic nature of independent work. Now in its third year, the Zurich Innovation Championship offers startups such as Portabl the opportunity to work with Zurich on specific challenges – prevention and mitigation, sustainability, simplicity – and an open challenge for ‘reimagining insurance.’ If Portabl performs well in the global competition, it could be one of 12 winners to participate in the accelerator phase, a 13-week program to mature their initiative in collaboration with Zurich and ending in a demo phase to present the results to a broad audience. Winners will then receive financial resources to implement pilots in the country of their choice, as well as exposure through Zurich’s communications channels and recognition in the organisation’s 150-year anniversary celebrations later this year. “We have always known that the ‘future of work’ is a fast-growing market and that the Portabl proposition is strong,” said Mike Minett, founder and managing director of Portabl. “But to receive industry validation and selection into the Zurich Innovation Championship has been a game changer! We are looking forward to making a positive difference.” Michael McKeown of Zurich added: “Insurance is well-known for being stable. But in the midst of industry disruption and global challenges, it’s important that we remain at the forefront of innovation.” The 2022 Zurich Innovation Championship attracted a record number of submissions. Globally, the competition saw 2,672 applicants, up from 1,350 last year. The Australian round received a record 90 entries. Related stories:
Portabl Frequently Asked Questions (FAQ)
When was Portabl founded?
Portabl was founded in 2018.
Where is Portabl's headquarters?
Portabl's headquarters is located at 34a Hyde Park Square, London.
What is Portabl's latest funding round?
Portabl's latest funding round is Grant.
How much did Portabl raise?
Portabl raised a total of $160K.
Who are the investors of Portabl?
Investors of Portabl include Finance Forward Europe, FinTech Innovation Lab, Plug and Play Insurtech, MetLife Digital Accelerator and Velocity Capital.
Who are Portabl's competitors?
Competitors of Portabl include Stello and 5 more.
What products does Portabl offer?
Portabl's products include Portabl.
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Compare Portabl to Competitors
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.
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.
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.
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.
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.
Insify provides insurance for freelancers and entrepreneurs across various business sectors. The company offers policies including liability insurance for businesses, professional liability insurance, and coverage for business assets and electronic equipment. Insify serves sectors such as healthcare, retail, construction, IT, and creative industries, focusing on the needs of independent professionals. It was founded in 2020 and is based in Amsterdam, Netherlands.
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