Modives
Modives offers automated insurance verification and monitoring solutions for auto dealerships, property management, and auto rentals. Their core products, CheckMy Driver and CheckMy Resident, aim to fix the broken and manual insurance verification process by providing real-time transparency into customers' insurance status. Modives uses AI-driven adequacy engines built on industry knowledge, and offers solutions through a user-friendly web application or an API for integration into existing systems. The company focuses on saving time, reducing risk, and improving customer experience by ensuring insurance is active, accurate, and adequate, and by monitoring changes over time with immediate alerts.
Modives
Modives offers automated insurance verification and monitoring solutions for auto dealerships, property management, and auto rentals. Their core products, CheckMy Driver and CheckMy Resident, aim to fix the broken and manual insurance verification process by providing real-time transparency into customers' insurance status. Modives uses AI-driven adequacy engines built on industry knowledge, and offers solutions through a user-friendly web application or an API for integration into existing systems. The company focuses on saving time, reducing risk, and improving customer experience by ensuring insurance is active, accurate, and adequate, and by monitoring changes over time with immediate alerts.
TL;DR
What they do: Real-time automated insurance verification and monitoring for auto dealerships, property managers, and rentals
Flagship products: CheckMy Driver (auto), CheckMy Resident (property), CheckMy ID, CheckMy API
Founded / HQ: Founded 2023; headquartered in Charlotte, North Carolina
Team size: About 21 employees
Funding: $3.0M seed (closed Jul 2023 reported)
Company Overview
Problem Domain
Insurance verification and monitoring for consumer personal lines (auto and renters/property) in transaction workflows
Founded
2023
Industry
InsurTech
Tech Stack
Funding Track Record
3000000.00
Company press materials report a $3M seed round closed at launch.