Company Snapshot
Do not use as successful benchmark
PAKT is useful for embedded-insurance distribution logic and founder-market-fit discussion, but should not be used as a positive outcome benchmark because public insurance-sector data marks it inactive.
| Operating status | Inactive |
| Headcount signal | LinkedIn lists 2-10 employees; one visible employee in public page |
| Confidence | Not qualified as successful-reference benchmark |
| Category | Embedded insurance / insurtech |
| Page count | 16 |
Slide Inventory
Extracted Text And Feedback Prompts
| Slide | Title Guess | Section | Keywords | Extracted Text Preview | Feedback Follow-Up |
|---|---|---|---|---|---|
| 1 | The Easiest Way for Apps To Sell Insurance. | Go-To-Market | regulation,partnerships | The Easiest Way for Apps To Sell Insurance. Confidential | Clarify sales motion, partner integration timeline, decision maker, channel economics, and proof of repeatability. |
| 2 | Founders | Traction | regulation,revenue,team | Founders 2 Sam Klein CEO Jason Sellers President / COO 15+ years of insurance experience Built, bought and sold insurance agencies and numerous original products Developed an embedded POS product, growing premium 20x Consumer x Insurance Confidential 15+ years of experience selling consumer brand advertising Grew revenue 5x in one year at Federated Media Generated $50m in revenue at nativ.ly | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 3 | Problem | Traction | regulation,revenue,market,partnerships | Problem 3 Personal home and auto insurance distribution is broken. Confidential Consumer Insurance Company Apps Choose based on convenience first then price Sold through brokers while spending millions in advertising dollars BILLIONS of minutes lost BILLIONS spent on acquisition BILLIONS in lost insurance revenue Marketplaces like Carvana, SoFi, airbnb would like to offer their own insurance | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 4 | Solution | Traction | regulation,revenue,market,traction,partnerships | Solution 4 Confidential Create a white labeled insurance product that Apps can easily use to sell personal home and auto policies to their users. Apps Consumer Insurance Company New revenue stream that creates stickiness BILLIONS in revenue Offered in the deal flow or as additional service Covered in SECONDS New customer acquisition strategy, reducing CAC BILLIONS saved | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 5 | Opportunity | Traction | regulation,credit,revenue,market,partnerships | Opportunity 5 Confidential TAM Insurance Premium $1.3 Trillion SAM P&C Insurance Premium $637 Billion SOM 2020 Premium $20 Billion The ability for any App to offer their own insurance allows us to tap into growing trends: 15% of US cars sold online in 2019 51% of consumers purchasing a mortgage used online tools in the loan process 127% expected growth in the Gig Economy 99% of SAM reached by Apps like Road&Track, Bar | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 6 | How The Insurance Works | Traction | regulation,traction,partnerships | How The Insurance Works 6 PAKT creates an App’s branded insurance program to offer to their users. The policy will be the same for all partners and fully loaded to insure better customer experience. 1 2 PAKT Auto Policy Fully Loaded A ready-to-go policy that adjust underwriting based on App data. 3 Confidential $50K Coverage $500 Deductible Rental Reimbursement Glass Breakage | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 7 | How The Experience Works | Product | regulation | How The Experience Works 7 Set-upA few easy steps to get a branded program started. InsuredAll aspects of insurance are managed by PAKT. PurchaseWith just a few clicks the user has insurance. Confidential | Separate launched product from roadmap and name the regulatory, banking, insurance, or servicing dependencies. |
| 8 | Go-To-Market | Traction | regulation,revenue,market,traction,partnerships | Go-To-Market 8 Marketplaces Offer prepackaged home and personal auto insurance policies to small and mid size apps in two categories: Communities Target consumers at POS or when using their home or car as a service Target consumers who have strong brand affinity for the App Confidential 4M Cars Sold Online In 2019 3M Online Mortgage Customers 15-35% Estimated Take Rate 280M US Auto Policies 80M US Mortgages .10-5% Est | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 9 | Marketplace: Shift - POS | Traction | regulation,revenue,market | Marketplace: Shift - POS 9 Shift could offer insurance at POS through an affiliate lead-gen. program. Why PAKT? PAKT Assumptions: $2,000 Yearly Premium 20% Take Rate 3% Attrition $120 Rev Per Policy Confidential Control customer experience of purchasing policy, service, and claims Creates a reason for consumers to keep the Shift App post purchase Generates recurring revenue 15-20X the current program Revenue Illustrat | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 10 | Community: Credit Karma - Affinity | Traction | regulation,credit,revenue,traction | Community: Credit Karma - Affinity 10 Credit Karma offers insurance at POS through an affiliate lead-gen. program. Why PAKT? PAKT Assumptions: $2,000 Yearly Premium 0.1% Take Rate 3% Attrition $120 Rev Per Policy Confidential Control customer experience of purchasing policy, service, and claims Creates another reason for consumers to keep using Credit Karma vs switching Generates recurring revenue 5-10X the current pr | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 11 | New Data To Increase Underwriting Profit | Business Model | regulation,partnerships | New Data To Increase Underwriting Profit 11 Confidential Apps provide a wealth of new data and ultimately improve the actuarial model with greater underwriting accuracy. Personal data - data collected from app, user or online resources Abstract data - like time on site, articles read, apps used Behavior science - like community behavior Telematics - like good driving gamification and crash detection Claims - event trigg | Show unit economics, regulatory cost, loss assumptions, CAC, payback, and sensitivity to partner/channel concentration. |
| 12 | Business Model | Traction | regulation,revenue | Business Model 12 Policy premiums are determined by reinsurance company factoring risk and take rates. PAKT makes a risk-free monthly commission of 9% of premium. Premium is collected by PAKT which then distributes fees for consumer acquisition to the App (6% of premium) and risk to the reinsurance company (85% of premium). Confidential PAKT is the required facilitator of all insurance activities. Services include col | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 13 | Lower Cost Of Funds | Market | regulation,revenue,market,fundraise,partnerships | Lower Cost Of Funds 13 PAKT becomes a marketplace platform that allows for insurance capital providers to compete for risk investment opportunities. Confidential App insurance brands have their own risk pool and capital requirements. PAKT data would create “Risk Scores” that correlate to claims. New risk asset class for outside investment capital. Capital competition driving down the cost of capital to PAKT and Apps w | Separate broad financial-services TAM from reachable wedge and show bottom-up account, borrower, premium, or volume math. |
| 14 | Competitive Landscape | Traction | regulation,revenue,market | Competitive Landscape 14 Brokers APIs Characteristics PAKT Advantages Most familiar option Minimal revenue opportunity for app Limited servicing and customization New to market Similar technology Insurance Agency focus Wide customer focus True servicing of “Insured” Personal lines policy Plug & Play technology Recurring revenue Speed-to-market Full-stack insurance servicing Reciprocal Exchange Confidential | Define metric source, cohort, period, and whether the traction is contracted, funded, transacted, or merely pipeline. |
| 15 | Roadmap | Raise / Use of Funds | regulation,revenue,team,fundraise,partnerships | Roadmap 15 Q2 ‘20 Process Patent Pending (#62977371) PAKT Labs, Inc Formed Legal Team Joins Insurance Manager Joins Q3 ‘20 Q4 ‘20 Q1 ‘21 Begin Generating Revenue 1,000 Policies $200,000 ARR Q1 ‘20 Front Commitment 1st Partner LOI Reinsurance Commitment Confidential PAKT Insurance Agency Formed Claims Exec Joins Initial Investment & SAFE Opened | Tie the amount raised to runway, lending capacity, compliance cost, and hiring plan; distinguish equity from debt when relevant. |
| 16 | Thank you. | Market | needs-review | Thank you. Sam Klein 214.417.6267 sam@joinpakt.com Jason Sellers 415.696.2332 jason@joinpakt.com Confidential | Separate broad financial-services TAM from reachable wedge and show bottom-up account, borrower, premium, or volume math. |
Funding And Investors
Round Evidence
| Round | Investor | Amount | Date | Notes |
|---|---|---|---|---|
| Seed | Undisclosed seed investor | $2M-$2.5M reported | 2021-03-18 | LinkedIn/Crunchbase displays seed date; Coverager indicates one investor; amount comes from founder profile snippets. |
| Early investment | Fourth Realm | Undisclosed | 2020 | Fourth Realm year-in-review listed PAKT as infrastructure for applications and websites to offer white-label insurance. |
Source Audit
Research Sources
| Source | Facts Used | Reliability |
|---|---|---|
| Supplied PAKT deck | Slide count, product thesis, founders, TAM, GTM, and business model. | Company-authored source; claims need external validation. |
| Coverager company profile | Marks PAKT as inactive, founded 2020, one funding round, one investor, and lists founders Sam Klein and Jason Sellers. | High relevance for insurance company status; some funding details gated. |
| PAKT LinkedIn | Lists industry, company size 2-10, HQ San Francisco, founded 2020, and Crunchbase seed round dated March 18, 2021. | Useful public company page; may lag current activity. |
| Sam Klein profile | States Sam Klein was PAKT co-founder/CEO from Feb 2020 to Jan 2025 and raised $2M in funding. | Useful founder-career source; reconcile amount with LinkedIn profile snippet that says $2.5M. |