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Matic Expands Columbus, Ohio, Operations Center

03/27/2018
Matic, a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, plans to expand its operations center in Columbus, Ohio. The company will invest $400,000 and create 50 new jobs at its Miranova Place facility.

“This is an exciting time for Matic, and the Columbus Region has the right blend of skilled talent, entrepreneurial climate and vibrant economy to support our rapid expansion,” said Aaron Schiff, co-Founder and CEO, Matic. “With more than a dozen enterprise agreements set to launch this year, we are confident Columbus will continue to offer the resources needed to support our growth.”

According to Columbus 2020, in November 2017, the company completed a $7 million Series A funding round. Investors included Columbus-based Nationwide, one of the world’s largest insurance and financial services companies.

“We are thrilled to see innovative and disruptive companies like Matic finding success in Columbus,” said Columbus Mayor Andrew J. Ginther. “The Region’s strong academic institutions and growing tech workforce make it a breeding ground for innovation, particularly for thriving companies like Matic.”

“Matic’s expansion is an example of how the Columbus Region’s abundance of major insurance providers is helping early-stage fintechs experience rapid growth,” said Valentina Isakina, JobsOhio Managing Director for Financial Services. “The collaborative efforts of Matic, Columbus 2020 and the city will bring 50 new jobs to downtown Columbus and bolster Ohio’s robust fintech environment.”

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