Slash Eureka
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $19M
Investors
- 10
About Slash Eureka
Slash Eureka Inc.Founded in 2021 by Andrew Wynn and Praveen Chekuri, Slash Eureka Inc. is headquartered in Palo Alto, US, and focuses on accounting automation solutions.Ascend offers a comprehensive accounting automation platform that integrates essential financial operations for agencies, managing general agents (MGAs), and carriers within the insurance sector. The core product encompasses functionalities for invoicing, payments, and financial reporting, all designed to enhance revenue, improve profit margins, and elevate customer satisfaction. This all-in-one solution facilitates a streamlined user experience that addresses the specific needs of retail agencies, wholesalers, MGAs, carriers, and insurance networks.Ascend’s revenue model is structured primarily through subscription-based services that cater to a diverse client base, including retail agencies, wholesalers, and carriers. Transactions typically occur as a B2B arrangement where clients subscribe to the platform for access to its suite of financial automation tools. Clients benefit from features like invoicing and payment management, which optimize their accounting processes and enhance operational efficiency. The service is designed to help clients increase EBITDA while reducing administrative expenses associated with back-office operations.Slash Eureka Inc. The company is currently designing new features aimed at improving user experience and enhancing functionality, with a focus on launching these updates within the next year. The strategic goal includes targeting expansion into additional regions within North America to capture a larger share of the insurance sector.
Who invested in Slash Eureka
10 investors across 2 rounds
See all investors in Slash Eureka
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Slash Eureka
Who invested in Slash Eureka?
Slash Eureka has 10 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 Slash Eureka raised?
Slash Eureka has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Slash Eureka last raise money?
Slash Eureka's most recent round on record is a Series A, in Nov 2021.
What does Slash Eureka do?
Slash Eureka is a insurance company.
Where is Slash Eureka headquartered?
Slash Eureka is headquartered in Palo Alto, US.
Which VCs invest in companies like Slash Eureka?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Slash Eureka's stage. Their profiles are linked below.
VCs backing insurance startups at Series A
Raising like Slash Eureka? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.