Sigo Seguros Raises $5.1M in Pre-Series A Funding


Go to Original Article

Sigo Seguros

Sigo Seguros is revolutionizing car insurance by offering accessible and equitable coverage to immigrant and working-class drivers, starting with Latino and Spanish-speaking communities. Its bilingual, mobile-first platform eliminates additional fees and biased rating factors, like credit score and employment. The company provides exceptional customer service, transparent pricing, and a bilingual end-to-end experience in a corner of auto insurance ignored by large incumbents.

“We’ve been overwhelmed by the demand for our product, with referrals driving the majority of our growth,” said Nestor Hugo Solari, Co-Founder and CEO of Sigo Seguros. “Our differentiated product starts with a deep understanding of our community and its needs. Zeal understands that access to the right financial products can turbocharge economic mobility for our customers, and this makes them an ideal partner for us to welcome to the team.”

“Sigo Seguros created an insurance product that is purpose-built to support the needs of working-class Hispanic drivers," said Andy Will, Principal at Zeal Capital Partners. “By going direct to the consumer with a digital-first approach, Sigo is able to drive greater access and lower costs for communities that need it most. I could not think of a better representation of our Inclusive Investing™ strategy, and we are fortunate to be on this journey with Nestor and his team.”