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Cachet
AddedFeb 19, 2024
UpdatedJun 18, 2026
Cachet

Cachet

Series A

Cachet: A financial services marketplace providing insurance for gig workers.

HQ
Tallinn, Harju County, EE
Founded
2018
Accelerator
Techstars logoTechstars: London Barclays2020
Overview
Compare
Fundraising
Employees
Website

Cachet, founded in Estonia, is a financial services marketplace dedicated to improving the platform economy by offering innovative, data-driven insurance products. Their core mission is to create a healthier and more efficient platform economy, specifically targeting gig workers and micromobility sectors. Cachet provides tailored insurance solutions for platforms such as Bolt, Uber, Bird, Ryde, Voi, and TIER-Dott, focusing on the European market, particularly in the Baltics and Nordics.

Notable affiliations include partnerships with major platforms like Bolt and Uber, and financial institutions such as Arval BNB Paribas Group. Cachet has achieved significant market penetration, becoming the sovereign market leader in the Baltics and Nordics, and insuring virtually all shared e-scooters in Finland and a substantial percentage in Sweden. Their impact is evident in their ability to provide responsive and reliable insurance solutions that cater to the unique needs of gig workers and platform-based businesses.

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Cachet - Quick Facts

Who are Cachet's competitors?

Companies similar to Cachet include Portabl.co, Pelotea, Covie and Curacel.

When was Cachet founded?

Cachet was founded in 2018.

Where is Cachet's headquarters located?

Cachet's headquarters is located in Tallinn, Harju County, EE.

When was Cachet's last funding round?

Cachet's most recent funding round was for $5.5M (USD) in May 2022.

How much has Cachet raised to-date?

As of May 12, 2022, Cachet has raised a total of $7.1M (USD).

How many employees does Cachet have?

Cachet has 27 employees as of Feb 4, 2024.

Cachet - Classification

Ownership
  • Venture Capital
Technology
  • Analytics
  • Data
Geographic Exposure
  • Asia
  • Europe
Model
  • Marketplace
Revenue
  • Recurring
  • Transactional
Customer
  • Enterprise
  • Small Business
Main Product
  • Financial Services
  • Insurance
Tags
  • Fintech
  • Insurtech
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 520000Finance and Insurance
SIC
  • 6300Insurance Carriers
Show 1 more industry code
SIC
  • 6000Depository Institutions