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Brazilian startup Justos raises US$2.8 million, offers best drivers cheaper auto insurance

RIO DE JANEIRO, BRAZIL - It was while playing soccer in an amateur team in San Francisco, U.S.A., that Indian Dhaval Chadha met his future partners in insurance startup Justos, Mexican Jorge Soto Moreno and Spaniard Antonio Molins. The trio, who held leadership positions in technology companies such as Classpass, Netflix, and Airbnb, decided to set their stability aside mid-last year to venture into a business in Latin America.

"We only knew that we wanted to develop some data-based business in the region in the finance or health sector," says Chadha. Before moving to Silicon Valley, the . . .

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