About Boundless Rider
Boundless Rider is a company based in Medford (United States) founded in 2021 by Blair Baldwin.. Boundless Rider has raised $11 million across 3 funding rounds from investors including SiriusPoint, Belmont Capital Group and American Family Ventures. Boundless Rider offers products and services including Motorcycle Insurance, Riding App, and Safe Rider Program. Boundless Rider operates in a competitive market with competitors including Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.
- Headquarter Medford, United States
- Founders Blair Baldwin
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Boundless Rider Insurance Agency, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 3 rounds
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Latest Funding Round
$4.25 M (USD), Series A
Oct 04, 2023
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Investors
SiriusPoint
& 3 more
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Employee Count
Employee Count
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Products & Services of Boundless Rider
Boundless Rider offers a comprehensive portfolio of products and services, including Motorcycle Insurance, Riding App, and Safe Rider Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers coverage and discounts for motorcycle owners
Tracks rides and provides rewards for safe riding
Delivers benefits and discounts for enrolled riders
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Funding Insights of Boundless Rider
Boundless Rider has successfully raised a total of $11M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.25 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $4.2M
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First Round
First Round
(01 Mar 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Boundless Rider | Valuation | American Family Ventures |
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| Sep, 2022 | Amount | Seed - Boundless Rider | Valuation | American Family Ventures | |
| Mar, 2021 | Amount | Seed - Boundless Rider | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boundless Rider
Boundless Rider has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SiriusPoint, Belmont Capital Group and American Family Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors
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Founded Year | Domain | Location | |
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Building and growing companies through investments and innovation services.
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Founded Year | Domain | Location | |
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Diversified insurance and reinsurance services are provided globally from Bermuda.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boundless Rider
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boundless Rider
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boundless Rider Comparisons
Competitors of Boundless Rider
Boundless Rider operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive insurance is delivered via an online platform.
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| domain | founded_year | HQ Location |
Usage-based data monitoring solutions for the auto insurance industry
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| domain | founded_year | HQ Location |
App that provides usage-based auto insurance platform for individuals
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| domain | founded_year | HQ Location |
Telematics-based data & monitoring solutions for auto insurers and fleet owners
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| domain | founded_year | HQ Location |
App-based auto insurance comparison is offered to individuals.
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| domain | founded_year | HQ Location |
Vehicle data is monitored through plugin devices for usage-based insurance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boundless Rider
Frequently Asked Questions about Boundless Rider
When was Boundless Rider founded?
Boundless Rider was founded in 2021.
Where is Boundless Rider located?
Boundless Rider is headquartered in Medford, United States. It is registered at Medford, Oregon, United States.
Who is the current CEO of Boundless Rider?
Blair Baldwin is the current CEO of Boundless Rider. They have also founded this company.
Is Boundless Rider a funded company?
Boundless Rider is a funded company, having raised a total of $11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 01, 2021.
What does Boundless Rider do?
Boundless Rider was founded in 2021 and is based in Medford, United States. An online platform is operated to deliver insurance products for motorcycles and powersports vehicles. Applications for coverage are facilitated through the service, alongside support for claims processing. The focus remains on the insurance sector, targeting two-wheeler owners with digital tools for policy management.
Who are the top competitors of Boundless Rider?
Boundless Rider's top competitors include Clearcover, Metromile and Sigo Insurance.
What products or services does Boundless Rider offer?
Boundless Rider offers Motorcycle Insurance, Riding App, and Safe Rider Program.
Who are Boundless Rider's investors?
Boundless Rider has 4 investors. Key investors include SiriusPoint, Belmont Capital Group, American Family Ventures, and The Cross Country Group.
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