(Image source: Just Insure promotional video.)
Just Insure (Los Angeles), a pay-per-mile insurance technology company that uses telematics to reward safe drivers and reduce insurer bias, has raised $8 million, bringing its total funding amount to $15 million. Just says the new funds will be used to scale the company and its product offering as it looks to expand into additional states. This funding round was led by CrossCut Ventures, ManchesterStory (Des Moines) and Western Technology Investments (Portola Valley, Calif.).
“We are the only auto insurer that’s