CAMBRIDGE, Mass., May 30, 2019 /PRNewswire/ -- EverQuote, Inc.
(NASDAQ: EVER), a leading online insurance marketplace in the U.S.,
is pleased to announce that Satayan Mahajan will join the advisory
board, effective immediately.
Mr. Mahajan brings significant expertise building
data-driven consumer experiences and creating and leading
consumer-focused companies. "We are thrilled to welcome Mr.
Mahajan to the advisory board. His extensive consumer product
experience, along with his deep knowledge of creating great
customer experiences, will be an asset to EverQuote," said
Seth Birnbaum, CEO and Co-Founder of
EverQuote.
"I'm delighted to join EverQuote's advisory board.
EverQuote's market-leading technology and data platform are
well-positioned to drive growth as the insurance industry shifts
online. Seth and his team continue to define and lead an
emerging and rapidly growing space. I'm looking forward to
working closely with them to help scale and develop new
customer-centric products and services," said Mr.
Mahajan.
Mr. Mahajan currently serves as Head of Product for Amazon.com,
as a judge for MIT's $100K Entrepreneurship Competition and as a board
member of Wevorce. Mr. Mahajan was previously CEO and
Chairman of Motus Corp., a pioneer in motion-based controls for
gaming. Prior to that, Mr. Mahajan was the founder and CEO of
iClub Inc., a leader in motion-sensing technologies for sports and
golf instruction. He is a frequent guest lecturer in the
field of product design, innovation and entrepreneurship. Mr.
Mahajan is a graduate of the Massachusetts
Institute of Technology.
Safe Harbor Statement
Any statements in this press release about future expectations,
plans and prospects for EverQuote, Inc. ("EverQuote" or the
"Company"), including statements about future results of operations
or the future financial position of the Company, including
financial targets, business strategy, plans and objectives for
future operations and other statements containing the words
"anticipates," "believes," "expects," "plans," and similar
expressions, constitute forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of
1995. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various
important factors, including: (1) the Company's ability to
attract and retain consumers and insurance providers using the
Company's marketplace; (2) the Company's ability to maintain or
increase the amount providers spend per quote request; (3) the
effectiveness of the Company's growth strategies and its ability to
effectively manage growth; (4) the Company's ability to maintain
and build its brand; (5) the Company's reliance on its third-party
service providers; (6) the Company's ability to develop new and
enhanced products and services to attract and retain consumers and
insurance providers, and the Company's ability to successfully
monetize them; (7) the impact of competition in the Company's
industry and innovation by the Company's competitors; (8) the
Company's expected use of proceeds from its initial public
offering; and (9) other factors discussed in the "Risk Factors"
section of the Company's most recent Quarterly Report on Form 10-Q,
which is on file with the Securities and Exchange Commission.
In addition, the forward-looking statements included in this press
release represent the Company's views as of the date of this press
release. The Company anticipates that subsequent events and
developments will cause the Company's views to change.
However, while the Company may elect to update these
forward-looking statements at some point in the future, the Company
specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as
representing the Company's views as of any date subsequent to the
date of this press release.
About EverQuote
EverQuote operates a leading online insurance marketplace
in the U.S., connecting consumers with insurance providers.
The company's data & technology platform matches and connects
consumers seeking to purchase insurance with relevant options from
the company's broad direct network of insurance providers, saving
consumers and providers time and money. EverQuote was founded
with the vision of applying a scientific, data-driven approach to
help consumers find the best price and coverage for their
individual insurance needs.
For more information, visit EverQuote.com and follow on Twitter
@EverQuoteInsure.
Investor Relations Contact:
Brinlea Johnson
The Blueshirt Group
212-331-8424
Brinlea@blueshirtgroup.com
Or
Allise Furlani
The Blueshirt Group
212-331-8433
allise@blueshirtgroup.com
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SOURCE EverQuote, Inc.