#132 - Kyle Nakatsuji | Building a Smarter Choice for Car Insurance

Clearcover offers affordable car insurance that’s smarter, faster and puts your needs above all else, helping you make informed decisions every step of the way.  Prior to starting Clearcover, Kyle helped launch a venture-capital fund at American Family Insurance. He convinced the insurer to invest in video-doorbell startup Ring, which was later acquired by Amazon for $1 billion. He later convinced his former employer to back his car insurance startup, Clearcover, which he co-founded in 2016. Kyle believed he could carve out room for a new car insurance company amid giants such as Allstate, State Farm and Geico by creating a low-cost, low-hassle, millennial-friendly product and a low-touch, high-tech business model. The Chicago-based company has grown to more than 300 employees and sells in 19 states. It has raised $330 million. Link: https://clearcover.com/