Bunker Technologies

InsuranceSeries AMadison, USbuildbunker.com

Latest round

Series A

Last raised

May 2017

Total raised

$8.1M

Investors

6

About Bunker Technologies

Based in Wisconsin, US, and co-founded by Chad Nitschke (CEO) in 2015, Bunker Protect, Inc. operates as an insureTech company offering an online insurance marketplace. As of March 2018, the firm’s platform is used in 43 states of the US. The company offers quick and easy access to coverage plans through its online on-demand insurance solutions tailored for independent workers, businesses, and contractors. After a few questions from businesses and freelancers, the platform gives the exact insurance coverage they require, with a quote returned in less than 5 minutes, as well as compliance certification. Additionally, Bunker's product solutions include marketplace insurance solutions, which further include on-demand insurance on occupational accidents, general liability, commercial automotive, etc, and certificate of insurance tracking, which further includes certification progress tracking, certificate downloading, and notification on expiration and cancellation. The company also provides businesses with a Bunker Public API (application programming interface) to view and manage the insurance compliance of all their contracts. The company generates revenue by offering usage-based insurance products embedded directly into its platforms.30 per hour. Additionally, users can choose from common policies or customize their own from over 20 insurance products like Cyber Liability, Auto, and Workers' Compensation and get general liability coverage starting from USD 21 per month, professional liability coverage starting with USD 41 per month, and business owner’s bundle starting with USD 54 per month.

Who invested in Bunker Technologies

6 investors across 2 rounds

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Funding rounds

  1. Series A

    May 11, 2017

    Amount

    $6M

    Investors

    Locked

  2. Seed

    Apr 11, 2016

    Amount

    $2M

    Investors

    Locked

Questions about Bunker Technologies

Who invested in Bunker Technologies?

Bunker Technologies has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Bunker Technologies raised?

Bunker Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Bunker Technologies last raise money?

Bunker Technologies's most recent round on record is a Series A, in May 2017.

What does Bunker Technologies do?

Based in Wisconsin, US, and co-founded by Chad Nitschke (CEO) in 2015, Bunker Protect, Inc.

Where is Bunker Technologies headquartered?

Bunker Technologies is headquartered in Madison, US.

Which VCs invest in companies like Bunker Technologies?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Bunker Technologies's stage. Their profiles are linked below.

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