Insurtech start-up InMyBag has launched a crowdfunding round aiming to raise £500,000 ($707,520) for its gadget replacement coverage. Specialist tech insurer InMyBag is targeting £500,000 through crowdfunding as it launches an offering to replace gadgets. InMyBag offers to replace devices such as smartphones or tablets in as little as four hours, and always within 24, using Amazon Prime and Apple’s distribution networks. The company is backed by the likes of Google Ventures, Intel Capital, and venture capital firm Andreessen Horowitz. Premiums start at £7.99. The crowdfunding round will last 60 days and the funds will be used to expand InMyBag's development and sales teams.
Insurtech start-up InMyBag has launched a crowdfunding round aiming to raise £500,000 ($707,520) for its gadget replacement coverage. InMyBag offers to replace devices such as smartphones or tablets in as little as four hours, and always within 24, using Amazon Prime and Apple’s distribution networks. The company is backed by the likes of Google Ventures, Intel Capital, and venture capital firm Andreessen Horowitz. Premiums start at £7.99. The crowdfunding round will last 60 days and the funds will be used to expand InMyBag's development and sales teams.