Sure: Closes $100M Series C Funding Round

Sure Closes $100M Series C Funding Round

  • Sure, a Los Angeles, CA-based global insurance technology company, closed $100M in Series C funding
  • The round was led by Declaration Partners and Kinnevik with participation from WndrCo, FTAC Ventures, Expanding Capital, and existing investors
  • The company intends to use the funds to accelerate global expansion, expedite new product launches, and streamline embedded insurance customer experiences
  • The company is an insurance technology company that allows global brands and carriers to build embedded insurance products on its SaaS infrastructure to distribute, service, and scale digital insurance
  • Customers include Farmers Insurance, Chubb, Intuit, Betterment, and Carvana
  • The company, which is headquartered in Santa Monica, California with offices around the globe, has more than doubled its revenue and the size of its team in the last 12 months

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

UK Regulator PSR Plans Cap on Cross-Border Card Fees to Protect Businesses

Subheading The Payment Systems Regulator (PSR) proposes a price cap...

Hong Kong Unveils Roadmap for Sustainability Reporting to Lead Global Green Finance

Subheading Hong Kong's new roadmap mandates ISSB Standards for sustainability...

Standard Chartered Partners with Paxos for Stablecoin Reserve Management

Subheading: Enhancing Reserve Management Efficiency with Stablecoin Innovations from Paxos Highlights: ...

GoAuto Partners with One Inc to Revolutionize Insurance Payments

Subheading: Streamlining Digital Payment Solutions for the Insurance Industry with...

Nuvei Introduces Google Pay to Transform LATAM Payment Landscape

Subheading Expanding Digital Payment Solutions Across Latin America with Google...

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

Subheading Proxymity collaborates with Citi Securities Services to launch Vote...

Mid-Tier Banks Invest Heavily in Payment Modernization with Volante Technologies

Subheading Volante Technologies' latest report reveals significant investments by mid-tier...
Exit mobile version