Buddy Technology has filed a notice of an exempt offering of securities to raise $5,647,489.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Buddy Technology is raising $5,647,489.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Charles Merritt played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Buddy Technology
Buddy’s founders come from backgrounds in marketing, technology, and insurance, but came together around a single mission: to build a more fearless society. After creating the world’s first on-demand accident insurance and building the technology to make buying insurance simple, fast, and modern, they started to realize they were onto something bigger. Working with companies that wanted to offer insurance to their customers, Buddy encountered stretched-thin tech teams, reluctant to take on another time-consuming integration that wasn’t flexible and didn’t scale. Enter Buddy’s universal insurance gateway—the simplest way for any company to offer insurance to their customers. Built for businesses but designed for developers, Buddy’s single, forward-compatible connection enables you to offer and manage insurance without the costly drag on your team’s time. Buddy is building the future of embedded insurance to make it easier than ever for everyone to live a bit more fearlessly. Buddy is the insurance gateway for software companies. Our drop-in snippet enables you to embed any insurance product into your transaction flow in minutes. Buddy powers products from global, A+ Rated insurance carriers, and we’re dedicated to making both sides of the insurance relationship as efficient as possible. We’re constantly helping carrier partners streamline their digital distribution through our gateway.
To learn more about Buddy Technology, visit http://buddy.insure/
Contact:
Charles Merritt, Chief Executive Officer
833-462-8339
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