About ENSUREDIT
ENSUREDIT is a company based in Bengaluru (India) founded in 2019 by Rohit Sadhu, Amit Boni, Rohit Kumar Rathi, and Vikas Ranga. ENSUREDIT has raised $4.98 million across 4 funding rounds from investors including Cover Genius, Wellfound and Venture Catalysts. The company has 53 employees as of March 22, 2024. ENSUREDIT offers products and services including Retail Insurance Platform, Embedded Insurance Solution, and Strategic Analytics Tool. ENSUREDIT operates in a competitive market with competitors including Noyo, Px, GoHealth, Zelros and Joshu, among others.
- Headquarter Bengaluru, India
- Employees 53 as on 22 Mar, 2024
- Founders Rohit Sadhu, Amit Boni, Rohit Kumar Rathi, Vikas Ranga
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Ensuredit Technologies Private Limited
- Date of Incorporation 18 Mar, 2019
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$1.92 M (USD)68.27as on Mar 31, 2023
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Net Profit
-$506.01 K (USD)-36.43as on Mar 31, 2023
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EBITDA
$84.99 K (USD)136.61as on Mar 31, 2023
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Total Equity Funding
$4.98 M (USD)
in 4 rounds
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Latest Funding Round
$4.2 M (USD), Seed
Feb 01, 2022
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Investors
Cover Genius
& 86 more
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Employee Count
53
as on Mar 22, 2024
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Products & Services of ENSUREDIT
ENSUREDIT offers a comprehensive portfolio of products and services, including Retail Insurance Platform, Embedded Insurance Solution, and Strategic Analytics Tool.
Platform for insurer integration and sales management.
API for embedding insurance in apps and ecosystems.
AI-driven analytics for automotive and market data insights.
People of ENSUREDIT
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Funding Insights of ENSUREDIT
ENSUREDIT has successfully raised a total of $4.98M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4.2 million completed in February 2022. 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.
Investors in ENSUREDIT
ENSUREDIT has secured backing from 87 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Cover Genius, Wellfound and Venture Catalysts.
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Pre-seed and seed stage investments are targeted by CP Ventures.
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Investments are made in early-stage tech startups across sectors.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Investor details for ENSUREDIT
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Investments & Acquisitions by ENSUREDIT
Investment portfolio details for ENSUREDIT
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- Transaction dates
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Financial Statements - ENSUREDIT
Detailed financials for ENSUREDIT
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Ensuredit Comparisons
Peer comparison for ENSUREDIT
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of ENSUREDIT
ENSUREDIT 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 Noyo, Px, GoHealth, Zelros and Joshu, among others.
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Insurance data exchange and benefit administration solutions for employers
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Lead exchange platform is operated as SaaS for advertisers.
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Healthcare insurance solutions are offered via a digital platform.
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AI-based solutions for insurance sales and marketing are provided.
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Digital distribution and sales solutions for insurance carriers are provided.
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Provider of automated sales and commission payment platform for insurance and financial products
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Detailed competitors of ENSUREDIT
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Latest news on Ensuredit
Complete news archive for ENSUREDIT
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Frequently Asked Questions about ENSUREDIT
ENSUREDIT was founded in 2019 and raised its 1st funding round 1 year after it was founded.
ENSUREDIT is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Amit Boni is the current CEO of ENSUREDIT. They have also founded this company.
ENSUREDIT is a funded company, having raised a total of $4.98M across 4 funding rounds to date.
As of Mar 22, 2024, the latest employee count at ENSUREDIT is 53.
Annual revenue of ENSUREDIT is $1.92M as on Mar 31, 2023.
Provider of insurance technology solutions for digital distribution and analytics. It offers a platform integrating insurers and products, streamlining front, middle, and back-office operations for various distributors. The platform facilitates embedded insurance within diverse sectors like lending and wealth management. Additionally, it provides strategic analytics, leveraging AIML for deep market insights, particularly within the automotive sector. The solution is cloud-native, API-driven, and customizable, enabling scalable and rapid deployment of insurance products.
ENSUREDIT offers Retail Insurance Platform, Embedded Insurance Solution, and Strategic Analytics Tool.
ENSUREDIT has 87 investors. Key investors include Cover Genius, Wellfound, Venture Catalysts, Z Nation Lab, and Sat Industries.
The valuation of ENSUREDIT is $15M as of Feb 2022.