Stere
Latest round
- Seed
Last raised
- Sep 2022
Total raised
- $7M
Investors
- 5
About Stere
Stere, Inc.Founded in 2021 in Dover, US, Stere, Inc. specializes in enhancing insurance distribution through its technology.Stere offers a comprehensive digital platform that revolutionizes insurance distribution through its core product, the Stere API-as-a-Service. This platform allows insurers and Managing General Agents (MGAs) to develop full-suite insurance APIs within weeks, enhancing customer experience by streamlining various processes, including payments and policy issuance—often achieving completion in seconds with minimal human intervention. Stere Distribution provides tailored solutions for brokers and embedded partners, ensuring seamless integration and expedited market entry. The company's offerings are supported by advanced data analytics tools that provide real-time insights into customer behavior and market trends, enabling informed business decisions.Stere's revenue structure is primarily driven by its subscription model for the API-as-a-Service, allowing clients such as insurers and MGAs to access and utilize their technology for insurance distribution. Clients typically engage with Stere through partnerships, paying fees for services provided, which may include integration, usage-based pricing, or licensing fees for data analytics tools.In September 2022, Stere, Inc. Stere aims to enhance its product offerings and enter new markets, strategically targeting regions that align with its growth objectives.
Who invested in Stere
5 investors across 2 rounds
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Questions about Stere
Who invested in Stere?
Stere has 5 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 Stere raised?
Stere has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Stere last raise money?
Stere's most recent round on record is a Seed, in Sep 2022.
What does Stere do?
Stere is a insurance company.
Where is Stere headquartered?
Stere is headquartered in Dover, US.
Which VCs invest in companies like Stere?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Stere's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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