Young Alfred

Credible is challenging the status quo by giving power to the consumer by creating a marketplace where users can compare personalized, prequalified rates and quotes from multiple lenders and carriers, for student loans, mortgages, personal loans, and insurance. We believe in a world where ‘ethical’, ‘lending’, and ‘insurance’ can coexist, and on a mission to help people find the best loan or insurance policy possible. We’ve created the only unbiased loan and insurance buying process, to make the search straightforward and clear.

Young Alfred + Pear

In the summer of 2018, Pear was introduced to Jason and David by a Pear Fellow at Wharton. Shortly after that, we led Young Alfred’s seed equity round. We helped them build an in-house engineering team and design their product and purchase flow to launch a home insurance brokerage in all 50 states. Young Alfred kicked off Pear’s Series A Bootcamp in the summer of 2019 and closed a $10M Series A led by Gradient Ventures in the fall of 2019. In the fall of 2021, they launched their home insurance API, and we helped them prepare for Series B. This led to the acquisition by Credible Labs.

Company Details

Sector

B2B

Pear Investment

Seed

Current Stage

Acquired

Headquarters

San Francisco, CA

“Pear doesn’t just say founder friendly, they actually fight with you in the trenches. The Pear team asks you the hard questions, helps you shape your story, and tops it off with partner intros to brand name VCs. They were also very supportive during our M&A process.”

Jason Christiansen

Co-Founder and Co-CEO

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Company Website

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Acquired