Kiwi insurance start-up attracts backing from Icehouse Ventures
4 Mar, 2021 04:00 PM
3 minutes to read
Quashed founder and CEO Justin Lim and investor Shaun Quincey. Photo / Supplied
A start-up digital insurance platform which allows consumers to store documents and see how much they are spending on insurance has won financial backing through Icehouse Ventures including two Kiwi tech entrepreneurs. Quashed, which was set up by Justin Lim two years ago, has just raised $600k through a funding round backed by the venture capital firm and private investors, including Shaun Quincey, of fintech company Genoapay, and Mike Ballantyne, a co-founder of PredictHQ and Online Republic.
Friday, 5 March 2021, 7:31 am
Tech startup Quashed, which helps New Zealanders stay on
top of their insurance with its free eponymous online
platform, has raised $600,000 in an oversubscribed pre-seed
funding round led by Icehouse Ventures, with support from
private investors.
Quashed gives consumers a single
view of all their insurance policies, helping them keep on
top of how much they are spending, the amount they are
protected for, and presents alternative insurance options at
renewal time. Family members can be added to a consumer’s
profile for quick and secure access to their insurance
information.
The funds will be used to expand the