Provides device insurance plans that cover accidental damage, theft, and mechanical failures for personal electronics, including phones, laptops, and tablets. By bundling protection for multiple devices into a single plan with low deductibles and seamless claims processing, it reduces costs and simplifies coverage for consumers, businesses, and educational institutions.
Funding
$12M 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
Consumers and businesses face high costs and logistical challenges when repairing or replacing damaged or malfunctioning personal electronic devices. Traditional insurance options often have high deductibles, limited coverage, and complex claims processes, leaving many devices underprotected.
Solution
AKKO provides device protection plans for consumers, businesses, and educational institutions, covering accidental damage, theft, and mechanical failures for phones, laptops, tablets, and other personal electronics. AKKO simplifies device coverage by bundling protection for multiple devices into a single plan with low deductibles and a seamless claims process. Users can register devices by inputting item information and photos into the AKKO platform. AKKO provides quick repair services, often same-day for phones, and offers reimbursements via PayPal or virtual cards upon claim approval.
Target Audience
AKKO serves individual consumers, businesses of all sizes, educational institutions, and organizations needing device protection for their employees, students, or customers.
Features
- Protection against cracked screens, spills, accidental damage, and theft
- Coverage for mechanical and electrical failures
- Bundled protection plans for multiple devices
- Low deductibles with options as low as $29
- Quick online registration process
- Fast claims processing with same-day repair options for phones
- Reimbursement via PayPal or virtual cards
- Ability to swap items in the account when upgrading devices
- Plans available for individuals, families, and businesses