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Momento
AddedMar 20, 2024
UpdatedJul 3, 2026
Momento

Momento

Seed

Momento: Revolutionizing LATAM's car insurance for the underserved.

HQ
Mexico City, Ciudad de México, MX
Founded
2021
Accelerator
Y Combinator logoY CombinatorW22
Overview
Compare
Fundraising
Employees
Website

Founded with a mission to revolutionize car insurance for the underserved in Latin America, Momento is navigating the regulatory process to become a fully-licensed insurance carrier. This status will enable them to underwrite risk, set prices, and own their insurance products. Momento aims to address the antiquated underwriting models and restrictive payment conditions prevalent in the market, targeting the $13 billion opportunity represented by over 30 million uninsured vehicles in Mexico alone.

Notable figures affiliated with Momento include industry experts and investors focused on fintech and insurance innovation. Key achievements include progressing through stringent regulatory approvals and positioning themselves to disrupt the traditional insurance market. By leveraging modern technology and customer-centric models, Momento is poised to make a significant impact on the accessibility and affordability of car insurance in Latin America, potentially transforming the lives of millions of vehicle owners.

Momento - Similar Companies

Clupp logo

Clupp

clupp.com.mx

MyCover.ai logo

MyCover.ai

mycover.ai

Bimaplan logo

Bimaplan

bimaplan.co

Coverage Cat logo

Coverage Cat

coveragecat.com

Cover logo

Cover

Axle logo

Axle

axle.insure

Cogo Insurance logo

Cogo Insurance

cogoinsurance.com

Plover Parametrics logo

Plover Parametrics

plover.insure

Cuvva logo

Cuvva

cuvva.com

Curacel logo

Curacel

curacel.co

Soteris logo

Soteris

soteris.co

Momento - Quick Facts

Who are Momento's competitors?

Companies similar to Momento include Clupp, MyCover.ai, Bimaplan and Coverage Cat.

When was Momento founded?

Momento was founded in 2021.

Where is Momento's headquarters located?

Momento's headquarters is located in Mexico City, Ciudad de México, MX.

When was Momento's last funding round?

Momento's most recent funding round was for $10.5M (USD) in August 2023.

How much has Momento raised to-date?

As of Aug 1, 2023, Momento has raised a total of $11M (USD).

How many employees does Momento have?

Momento has 22 employees as of Feb 24, 2024.

Momento - Classification

Ownership
  • Venture Capital
Technology
  • Fintech Insurtech
Geographic Exposure
  • Latin America
Revenue
  • Recurring Transactional
Main Product
  • Car Insurance
Tags
  • SaaS
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 520000Finance and Insurance
SIC
  • 6300Insurance Carriers
Show 1 more industry code
SIC
  • 6000Depository Institutions