CAMBRIDGE, Mass., Oct. 31, 2019 /PRNewswire/ -- EverQuote, Inc.
(NASDAQ: EVER), a leading online insurance marketplace in the U.S.,
is pleased to announce that Joseph
Sanborn has joined the company as Senior Vice President,
Corporate Development and Strategy.
Mr. Sanborn possesses over two decades of experience advising
technology companies on mergers and acquisitions, strategy and
corporate finance. He brings significant global experience
having worked on transactions across North America, Europe and Asia. He is passionate about
partnering with management teams to drive strategic disruption in
industries being transformed by big data and digital
capabilities.
"We are excited to welcome Joseph to our leadership team.
His deep experience, across investment banking, capital markets and
in the technology sector, brings additional best-in-class expertise
to our team as we continue to drive innovation in the insurance
market," said Seth Birnbaum, CEO and
Co-Founder of EverQuote.
"I have long admired EverQuote and its world-class team of
technologists and big data experts who are passionate about
transforming the insurance buying experience. I am thrilled
to be joining EverQuote at this exciting time in the company's
history, as the organization embarks on its next phase of growth,"
said Mr. Sanborn.
After beginning his investment banking career at J.P. Morgan,
Mr. Sanborn went on to build and lead strategic advisory practices
at multiple firms, including Robertson Stephens, Silicon Valley
Bank and most recently JEGI, where he was Co-Head of Technology
Banking. He earned his Masters of Public Policy from
Harvard University and his B.S. in
Business Administration from Georgetown
University.
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.