# Sure

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

- Industry: Insurance
- Headquarters: Dallas, US
- Website: www.sureapp.com
- Total disclosed funding: $123M
- Latest round: Series C (Oct 5, 2021)
- Investors on record: 15

## About

Founded in 2015 and based in California, US, Sure Inc. is an insurance technology company that integrates insurance software into anything from vehicle purchases to renters' insurance. Wayne Slavin (CEO) and Jarod Kolman are the co-founders of the company and have an employee count of 80 as of 2021. In October 2021, Sure Inc. raised USD 100 million in series C funding co-led by new investors Declaration Partners and Kinnevik, with participation from other new investors Arab Angel Fund, Expanding Capital, FTAC Ventures, and WndrCo.

The company provides an insurance SaaS (software-as-a-service) infrastructure platform that offers technology for rating, quote and binding, policy issuance, premium collection, CRM policy administration, reporting, and more. Its services include paperless experience, reporting a claim, policy management, bank-grade security, and mobile access anywhere. It sells insurance for homes, apartments, financial services, businesses, and jewelry.

Sure Inc. plans to use the series C funding in October 2021 to accelerate global expansion, expedite new product launches, and streamline embedded insurance customer experiences. The company also plans to triple its engineering staff by 2022.

## Funding rounds

- Series C, Oct 5, 2021, $100M — Menlo Ventures, Kinnevik, W.R. Berkley, Gaingels, WndrCo, Expanding Capital, Declaration Partners, FTAC Ventures
- Series B, Jun 13, 2019, $13M — W.R. Berkley
- Series A, Jun 14, 2017, $1.7M — Menlo Ventures, IA Capital Group, Nationwide Mutual Capital, AmTrust Financial Services, Inc., Assurant, Inc., ff Venture Capital
- Series A, Feb 10, 2017, $6.3M — IA Capital Group, ff Venture Capital, Montage Ventures, Kinzon Capital
- Seed, Jan 25, 2016, $2.6M — ff Venture Capital, Montage Ventures, Kinzon Capital

## Investors

- ff Venture Capital (https://capitalatlas.ai/funds/ff-venture-capital) — Seed, Series A
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Seed, Series A
- Kinzon Capital (https://capitalatlas.ai/funds/kinzon-capital) — Seed, Series A
- IA Capital Group (https://capitalatlas.ai/funds/ia-capital-group) — Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series A, Series C
- Nationwide Mutual Capital (https://capitalatlas.ai/funds/nationwide-mutual-capital) — Series A
- AmTrust Financial Services, Inc. — Series A
- Assurant, Inc. — Series A
- W.R. Berkley (https://capitalatlas.ai/funds/w-r-berkley) — Series B, Series C
- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series C
- Expanding Capital (https://capitalatlas.ai/funds/expanding-capital) — Series C
- Declaration Partners (https://capitalatlas.ai/funds/declaration-partners) — Series C
- FTAC Ventures (https://capitalatlas.ai/funds/ftac-ventures) — Series C