AMEX moves further into insurtech via its ventures arm with their strategic investment in Trellis, who operate an API that allows customers to compare and contrast car insurance within an app or through third-party partnering sites. Founded by former Google executive Daniel Demetri, Trellis has previously secured investments from General Catalyst, QED Investors and NYCA Partner.
Company | Individuals | |
Investor Links | https://www.americanexpress.com/us/business/american-express-ventures/ | https://www.linkedin.com/in/margaret-lim-a3557245/ |
Insurtech Links | https://trellisconnect.com/ | https://www.linkedin.com/in/danieldemetri/ |
Source: https://www.pymnts.com/news/investment-tracker/2022/amex-ventures-invests-in-insurtech-firm-trellis/