Modives

Insurance verification and monitoring platform for auto dealers and property managers

Compliance & Regulatory Growth Seed

Overview

Modives is a compliance and insurance verification platform serving auto dealerships, auto finance companies, rental agencies, property managers, and multifamily housing operators. The platform connects with insurance carriers in real time to confirm that customer coverage is active, accurate, and adequate -- addressing the gap left by one-time manual verification checks.

The company offers a suite of products delivered as SaaS and REST API, including CheckMy Driver for automotive transactions and CheckMy Resident for the rental housing market. CheckMy Driver completes insurance verification in seconds, generates AI-driven adequacy analysis, and sends immediate alerts on policy changes or cancellations. The platform integrates with leading dealer management systems (DMS) and property management platforms to fit into existing workflows.

Founded in 2023 by a team of serial insurtech entrepreneurs, Modives raised a USD 3M seed round in July 2023 and has since secured integrations with multiple DMS partners including DealerCenter, Auto Master Systems, and DealerBuilt. The company achieved SOC 2 Type II certification in October 2024 and received Auto Fin Journal's Emerging 8 Award for Innovation in 2024.

Products & Services

CheckMy Driver

Auto insurance verification and monitoring platform for automotive transactions. Connects to insurance carriers in real time to verify coverage is active, accurate, and adequate.

Key Features

Real-time carrier-verified results in seconds
AI-driven adequacy analysis
Immediate alerts on policy changes or cancellations
Web-based application with REST API integration
Saves dealerships 15+ minutes per transaction vs. manual verification

Target Users: Auto dealerships, franchise dealers, auto finance companies, rental agencies, Buy-Here-Pay-Here/Lease-Here-Pay-Here dealers

CheckMy Resident

Renters insurance verification and monitoring platform for property management and multifamily housing. Includes policy verification, continuous monitoring, and embedded insurance options to fill coverage gaps.

Key Features

Policy verification and ongoing monitoring
Embedded insurance options for coverage gaps
Integration with Venn resident operating system

Target Users: Property managers, multifamily housing operators, landlords

CheckMy ID

Identity verification solution designed to prevent fraud in automotive transactions.

Target Users: Auto dealerships, auto finance companies

Auto Quote Tracker

Free consumer service that monitors insurance carrier rate increases, launched May 2025.

Target Users: Consumers

At a Glance

Founded: 2023
Headquarters: Charlotte, North Carolina, USA
Employees: 11-50
Funding: Seed

Category & Focus

Category: Compliance & Regulatory
Subcategories: Insurance Verification Policy Monitoring Identity Verification Fraud Prevention
Insurance Verticals: P&C Personal P&C Commercial Specialty/E&S
Target Customers: Carriers, Agents/Agencies, Consumers