# Suretys

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

- Industry: Insurance
- Headquarters: New Haven, US
- Website: www.suretys.com
- Total disclosed funding: $2M
- Latest round: Seed (Oct 25, 2021)
- Investors on record: 1

## About

Suretys LLC is a financial services company focused on providing innovative auto loan solutions for individuals with limited credit history, enabling them to purchase vehicles independently without needing a cosigner.Suretys LLC specializes in offering auto loan financing solutions. Founded in 2018, it is headquartered in New Haven, US. The company was established by Ed Bolles and CEO Josh Minsky. To date, Suretys has completed 2 deals and raised a total of USD 2.00 mn, with the latest funding round being a Seed round involving Victorum Capital.Suretys LLC offers innovative financial solutions aimed at individuals facing challenges securing auto loans due to insufficient credit history. Their primary product, Suretys PlusOne, allows customers to finance vehicle purchases without needing a cosigner, thus targeting those who can manage monthly payments but lack an established credit score. The company serves markets in Connecticut, Illinois, Michigan, Oklahoma, and Texas, providing customers with accessible financing options tailored to their unique credit situations.Suretys LLC generates revenue through its auto loan financing products, focusing on the Suretys PlusOne program. The company’s pricing structures are designed to be manageable for borrowers, with revenue derived from interest on loans and associated service fees, facilitating accessible automobile financing.Suretys LLC plans to leverage recent funding to expand its market presence and develop new products. The company intends to explore new geographic regions while enhancing their existing offerings. Although specific details on upcoming products and launch dates were not disclosed, the recent funding from Paipal Ventures will be utilized to support these strategic initiatives.

## Funding rounds

- Seed, Oct 25, 2021, $2M — Victorum Capital

## Investors

- Victorum Capital (https://capitalatlas.ai/funds/victorum-capital) — Seed