Auto insurer Goji hits more than $89m in total financing

Boston-based Goji, a provider of online auto insurance solutions, has raised $19m in its latest financing round bringing its total funding to date to $89.2m.

The new round follows a $14m Series D which was led by?Spark Capital and Thayer Street Partners in April 2014.

Goji, which launched under the name?Consumers United back in 2007, runs a price-matching platform for car insurance.

The company?has developed a proprietary quoting engine, a?machine learning application which is powered by customer attributes, interactions, quotes and policies generated by Goji insurance sales centers.

Goji says its SaaS platform addresses the entire consumer lifecycle with property and casualty insurance carriers.

Five Elms Capital and Village Ventures have also backed the business in the past.

Goji is led by CEO?Stephen Kezirian who joined the first in June 2015, co-founder and chairman Justin Dangel, and Amit Basakand, who was appointed company president last October.

Thayer Street founder Joshua Koplewicz and angel investor Matt Coffin also sit on the company’s board.

Copyright ? 2016 FINTECH GLOBAL

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