About Assure Space
Assure Space is a Financial Services company based in Bethesda (United States) founded in 2011 by Richard Parker, and was acquired by AmTrust Financial in July 2016. Space insurance policies are offered by Assure Space. Its focus areas include Insurance Carriers, Property & Casualty and Property. Its competitors include Fidelity National Financial, GeoVera Insurance and Homeowners of America Insurance; 2 of its 3 listed competitors have raised funding.
Company details
Assure Space was founded in 2011 and is headquartered in Bethesda, United States. Operations focus on the space insurance sector, where coverage is provided for satellite launches, orbital operations, and related risks. Services include risk assessment and policy underwriting tailored to aerospace clients. The company serves international markets from its U.S. base, supporting the growing space industry with specialized insurance solutions.
- Headquarters Bethesda, United States
- Founders Richard Parker
- Stage Acquired
- SectorsFinancial Services
- Website assure-space.com
- Social LinkedIn Facebook
- Acquired by AmTrust Financial (Jul 2016)
- InvestorsAmTrust Financial
& 1 more
- Acquired byAmTrust Financial
(Jul 2016)
Funding Insights of Assure Space
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Assure Space with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2012 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Assure Space
Assure Space has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include AmTrust Financial and Runtide Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Runtide Capital is engaged in growth-stage business investments. | runtidecapital.com | |||
Property and casualty insurance company | 1998 | amtrustfinancial.com | New York, United States |
Investor details for Assure Space
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Assure Space
1 people are tracked at Assure Space (1 in leadership).
| Name | Role | Group |
|---|---|---|
Richard Parker | Co-Founder & President | Leadership |
Complete people profiles for Assure Space
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Timeline of Assure Space
3 dated milestones of Assure Space across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Assure Space is founded.
- Funding First funding round.
- Exit Acquired by AmTrust Financial.
Competitors of Assure Space
Assure Space has 3 listed competitors in our database, 2 of them funded. They include Fidelity National Financial, GeoVera Insurance and Homeowners of America Insurance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fnf.com | 1847 | Jacksonville, United States | $500M | 3,508 | Financial institution offering insurance & transaction services | |
| geovera.com | 1997 | Fairfield, United States | $151.16M | 172 | Earthquake and windstorm-hurricane insurance is provided by GeoVera Insurance. | |
| hoaic.com | 2005 | Irving, United States | Home insurance carrier |
Detailed competitors of Assure Space
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Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Assure Space (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Related news about Assure Space
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Frequently Asked Questions about Assure Space
Assure Space was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Assure Space is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Assure Space was founded in 2011 and is headquartered in Bethesda, United States. Operations focus on the space insurance sector, where coverage is provided for satellite launches, orbital operations, and related risks. Services include risk assessment and policy underwriting tailored to aerospace clients. The company serves international markets from its U.S. base, supporting the growing space industry with specialized insurance solutions.
Assure Space's top competitors include Fidelity National Financial, GeoVera Insurance and Homeowners of America Insurance.
Assure Space has 2 investors. Key investors include AmTrust Financial, and Runtide Capital.
Yes. Assure Space was acquired by AmTrust Financial in July 2016.