Cachet provides digital insurance solutions tailored for the modern economy, focusing on platform workers, private vehicle owners, and businesses. The platform offers flexible motor and mobility insurance, including specialized coverage for ride-hailing, couriers, and micromobility fleets. Value is delivered through personalized rates based on usage and behavior, alongside streamlined digital policy management and claims reporting.
Funding
$5.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Platforms in the gig economy, such as those managing micromobility fleets or car-sharing services, face challenges in securing flexible and affordable insurance coverage that accurately reflects usage and risk. Traditional insurance models often lack the adaptability needed for these dynamic business models, leading to inefficiencies and increased costs.
Solution
Cachet provides adaptive insurance solutions tailored for the platform economy, leveraging smart data and technology to offer personalized coverage. By consolidating various insurance needs into a single digital wallet, Cachet simplifies the insurance process and enhances predictability for businesses. The platform delivers insights into usage and risk through driver analytics and integrated claims data, enabling smarter operations and safer outcomes. Cachet's technology supports policy distribution, localization, reporting, and claims management, all within a unified system.
Target Audience
Cachet primarily serves businesses operating within the platform economy, including micromobility fleets, gig work platforms, and car-sharing services, as well as individual drivers participating in these platforms.
Features
- Consolidated insurance coverage for micromobility fleets, gig work platforms, and car-sharing services
- Unified digital wallet for managing policies and payments
- Driver analytics and integrated claims data for risk assessment
- Technology supports policy distribution, localization, and reporting
- Mobile application for convenient access and claims reporting