InsureStreet Ltd.
FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 18/02/2021
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MEDICI Analysis
InsureStreet provides an insurance platform for the property rental market to replace cash deposits and agency fees with on-demand policies. The platform rewards good behavior through lower policy premiums at renewal. The company was part of the Accenture FinTech Innovation Lab.
Focus
PRODUCTS & SERVICES
On-demand platform for lifestyle based insurance products.
MAIN CLIENTS
Renters and property owners
EXISTING PARTNERSHIPS
The company has partnered with MunichRe to provide on-demand lifestyle based insurance products. Other partners are HISCOX
Experian
Urban Spaces
Get Living
Quintain (Tipi)
Essential Living
Atlas Residential
Walten & Allen and Fifty Thousand Homes.
Traction
VALUATION / MARKET CAP:
$4.97 M in 2017
COMPANY TYPE:
For Profit
People
FOUNDERS
Tahir Farooqui
NUMBER OF EMPLOYEES
1-10
INVESTORS:
KEY EMPLOYEES:
Tahir Farooqui(CEO); Rakesh Murria(CMO)
Momentum
FUNDED
NO
NUMBER OF FUNDING ROUNDS
2
TOTAL FUNDING
$1.32 M
DATE OF LAST FUNDING
May 2017
SEED & PRIOR FUNDING
$1.32 M
SEED CLOSED ON
May 2017
SEED PRIOR FUNDING COMMENT
Non Equity: Undisclosed (April, 2017)
LISTED
NO
company provided insights
Web Traffic
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