Trellis Technologies

Simplifies personal insurance comparison and purchasing

San Francisco, California, United States

About Trellis Technologies

Trellis Technologies operates in the insurtech sector, focusing on simplifying the process of finding, comparing, and purchasing personal insurance, such as auto and home insurance. Their main product, Savvy, is an end-to-end platform that allows users to quickly and securely share their personal insurance information, providing clear recommendations in under 60 seconds. This makes the insurance purchasing process faster and more efficient. Trellis differentiates itself from competitors through its API, known as Trellis Connect API, which streamlines the onboarding process and can be embedded into other applications for a seamless user experience. The company's goal is to enhance the insurance purchasing experience for consumers while also providing valuable tools for insurance companies and financial service providers, ultimately driving higher conversion rates and customer satisfaction.

San Francisco, CaliforniaHeadquarters
2019Year Founded
$14.6MTotal Funding
EARLY_VCCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Benefits

Competitive salary + bonuses + equity opportunities
Unlimited PTO
100% employer-paid insurance
401K plan
Annual in-person retreats

Risks

Rising competition from new insurtech startups may dilute Trellis's market share.
Data privacy concerns could impact user trust and regulatory compliance.
Economic downturns may reduce consumer spending on insurance products, affecting revenue.

Differentiation

Trellis Connect uses consumer-permissioned data for secure, personalized insurance recommendations.
The Savvy platform offers insurance recommendations in under 60 seconds.
Trellis's API enables seamless integration into partner platforms for a native insurance experience.

Upsides

Increased demand for digital insurance solutions boosts Trellis's market potential.
Embedded finance trends allow Trellis to expand partnerships and API integrations.
Focus on data privacy aligns with growing consumer trust and regulatory standards.

Funding

Total raised$14.59 M
Latest valuation$50.00 M
StageEARLY_VC