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San Francisco based insurance marketplace and advisor Gabi has raised $2.6m in Series Seed funding from investors including SV Angel, A.Capital and Project A Capital. Gabi monitors insurance rates from all carriers and provides unbiased advice on the optimal coverage.
Much of Gabi’s value proposition comes from its ease-of-use. By entering in your login credentials through its mobile app, Gabi can review your current policy and find you the best carrier and plan for your needs. That means consumers won’t have to go through the hassle of filling out endless amounts of paperwork or having to answer a set of questions they didn’t know the answers to the last time they got a new insurance policy. Unlike most insurance comparison sites, which require users to fill in a bunch of information before they can make recommendations, Gabi scans your existing plan and knows what coverage you need before it shows you new comparable options. The company will also recommend more or less coverage based on a customer’s current plan and usage.
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