Sure

insurtechartificial intelligence/machine learningon-demand/sharing

FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 01/05/2020

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About

Sure is a mobile first on-demand insurance platform providing Episodic Insurance™, Travel, Baggage, iPhone, Pet, and Renter's Insurance through an AI powered Robo-Broker™.

MEDICI Analysis

Sure is a mobile on-demand insurance app providing micro-duration life insurance coverage during airplane travel.

Focus

PRODUCTS & SERVICES

On-demand travel insurance app. It is a simple process to buy the right insurance product via mobile app.

REVENUE MODEL

The company earns commission fee from their insurance partners.

MAIN CLIENTS

Retail investor and retail borrowers

Traction

VALUATION / MARKET CAP:

$53.33 M in 2017

Momentum

FUNDED

YES

TOTAL FUNDING

$10.6 M

DATE OF LAST FUNDING

Jun 2017

TOTAL FUNDING COMMENT

The company will use funds to continue product development, drive user acquisition, boost marketing initiatives and bolster the team with new hires.

SEED & PRIOR FUNDING

$2.6 M

SEED CLOSED ON

May 2016

FUNDING SERIES

SERIES A  · $8 M  · Jun 2017

LISTED

NO

BASICS

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

325 VISITORS | 519 VIEWS
LATEST FUNDING ROUND

$10.6 M

About

Sure is a mobile first on-demand insurance platform providing Episodic Insurance™, Travel, Baggage, iPhone, Pet, and Renter's Insurance through an AI powered Robo-Broker™.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Sure is a mobile on-demand insurance app providing micro-duration life insurance coverage during airplane travel.

Focus+
Momentum+
Traction+
People+
Other+

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Sure

About

Sure is a mobile first on-demand insurance platform providing Episodic Insurance™, Travel, Baggage, iPhone, Pet, and Renter's Insurance through an AI powered Robo-Broker™.

Focus

PRODUCTS & SERVICES

Episodic Insurance™ and Traditional Insurance Products Through Our AI Powered Robo-Broker™.

REVENUE MODEL

The company earns commission fee from their insurance partners.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

PRIMARY CUSTOMER TYPE

Enterprise - Retailers

Small and Medium Business - Online Retail

Consumer

People

FOUNDERS

Wayne Slavin

KEY EMPLOYEES:

CEO, FOUNDER: Wayne Slavin

BOARD MEMBERS AND ADVISORS:

Leila Zegna

INVESTORS:

AmTrust

Assurant

FF venture capital

Fosun Kinzon Capital

IA Capital Group

Menlo Ventures

Montage Ventures

Nationwide Ventures

Venture Capital

Momentum

FUNDED

YES

TOTAL FUNDING:

$2.6 M

LISTED

NO

FUNDING SERIES
Seed Oct 2015 --- USD2.6 M