About Glow
Glow.co offers a modern approach to Workers' Compensation and accident insurance for small to medium-sized businesses. Their product provides comprehensive financial support to employees for injuries occurring both on and off the job, without increasing employer premium costs. Glow.co stands out by using a tech-driven model that reduces administrative overhead, allowing them to offer more coverage at lower prices compared to traditional insurers. The company's goal is to ensure hassle-free, cost-effective insurance solutions that protect employees while managing costs for businesses.
San Francisco, CaliforniaHeadquarters
2018Year Founded
$40.4MTotal Funding
SERIES_ACompany Stage
Consulting, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Stock Options
Paid Vacation
Risks
Increased competition from tech-driven startups may pressure Glow's market share.
Potential regulatory changes in California could impact Glow's business model.
Dependence on Chubb for underwriting poses a risk if partnership terms change.
Differentiation
Glow offers dual coverage for work and personal injuries, unlike traditional insurers.
The company uses a tech-driven approach to reduce administrative costs and offer savings.
Glow provides guided care, assisting employees through the claims process efficiently.
Upsides
Glow raised $22.5 million in Series A funding to expand its offerings.
Integration of wearable tech allows Glow to offer personalized premiums based on health data.
Growing demand for mental health coverage aligns with Glow's holistic insurance approach.
Funding
Total raised$40.37 M
Latest valuation$112.50 M
StageSERIES_A
SERIES A
10/31/2022$22
$112.50 M$4
$22.50 M