Sure, a Los Angeles, CA-based global insurance technology company, closed $100M in Series C funding.
The round was led by Declaration Partners and Kinnevik with participation from WndrCo, FTAC Ventures, Expanding Capital, and existing investors W. R. Berkley Corporation and Menlo Ventures.
The company intends to use the funds to accelerate global expansion, expedite new product launches, and streamline embedded insurance customer experiences.
Founded in 2015 by Wayne Slavin, CEO, Sure is an insurance technology company that allows global brands and carriers to build embedded insurance products on its SaaS infrastructure to distribute, service, and scale digital insurance.
Customers include Farmers Insurance, Chubb, Intuit, Betterment, and Carvana. The company, which is headquartered in Santa Monica, California with offices around the globe, has more than doubled its revenue and the size of its team in the last 12 months.
FinSMEs
06/10/2021