# Sharin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sharin

- Industry: Software
- Headquarters: Stockholm, Sweden
- Website: www.sharin.se
- Total disclosed funding: $1.1M
- Latest round: Seed (Apr 5, 2019)
- Investors on record: 2

## About

Sharin is a Swedish company specializing in innovative rental solutions, enhancing user experience through seamless transactions and tailored insurance offerings for circular business models.Founded in 2017 and headquartered in Stockholm, Sweden, Sharin focuses on providing insurance solutions for rental platforms and businesses. The company raised SEK 10.5 million in Seed funding in April 2019, led by Inventure with participation from Luminar Ventures. Sharin has one recorded deal.Sharin offers tailored insurance solutions primarily through an API designed for rental platforms and circular business models. Their products cover vehicles, accommodations, premises, and items during transportation, facilitating seamless transactions for companies with over 1,000 rentals per month across various European markets.Sharin operates on a partnership model, collaborating with multiple risk carriers, including W.R Berkley Insurance Nordic, Dina Försäkring AB, and Baloise Holding AG. The revenue structure is primarily driven by B2B transactions, allowing platform partners to integrate Sharin's offerings into their services, thereby enabling direct access to customers while aligning with the demand for sustainable insurance in the rental space.Following the SEK 10.5 million Seed funding raised in April 2019, Sharin plans to expand its product offerings and market presence. Future initiatives include the design of new insurance products aimed at enhancing user experience. The company is also targeting expansion into additional European markets, with specific regions and timelines to be determined as they leverage recent funding to support these growth strategies.

## Funding rounds

- Seed, Apr 5, 2019, $1.1M — Inventure, Luminar Ventures

## Investors

- Inventure (https://capitalatlas.ai/funds/inventure) — Seed
- Luminar Ventures (https://capitalatlas.ai/funds/luminar-ventures) — Seed