About Founder Shield
Founder Shield is a company based in New York (United States) founded in 2012 was acquired by Millennial Specialty Insurance in July 2021.. Founder Shield offers products and services including Cyber Liability Insurance, Directors & Officers Insurance, and General Liability Insurance. Founder Shield operates in a competitive market with competitors including Jones, Coterie, Huckleberry, instaCOVER and AP Intego Insurance Group, among others.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Foundershield Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Millennial Specialty Insurance
(Jul 23, 2021)
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Products & Services of Founder Shield
Founder Shield offers a comprehensive portfolio of products and services, including Cyber Liability Insurance, Directors & Officers Insurance, and General Liability Insurance. 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.
Protects companies from damages related to electronic activities and cyber threats.
Safeguards directors' assets against lawsuits from business decisions.
Covers basic risks and claims against company operations.
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Funding Insights of Founder Shield
| 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 Founder Shield
Founder Shield has secured backing from 1 investor. Prominent investors backing the company include MSI. 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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Personal and commercial insurance solutions are provided by MSI.
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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 Founder Shield
| 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 - Founder Shield
| 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 |
Founder Shield Comparisons
Competitors of Founder Shield
Founder Shield 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 Jones, Coterie, Huckleberry, instaCOVER and AP Intego Insurance Group, 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 |
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| domain | founded_year | HQ Location |
On-demand liability insurance platform is provided for businesses.
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| domain | founded_year | HQ Location |
Private label party supplies are offered with customization options.
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| domain | founded_year | HQ Location |
Online insurance quotes for small businesses are provided.
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| domain | founded_year | HQ Location |
insurance coverage for sales or lease transactions
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| domain | founded_year | HQ Location |
Digital insurance platforms are offered for small businesses.
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| domain | founded_year | HQ Location |
On-demand liability insurance is provided for businesses and freelancers.
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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 Founder Shield
Frequently Asked Questions about Founder Shield
When was Founder Shield founded?
Founder Shield was founded in 2012.
Where is Founder Shield located?
Founder Shield is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Founder Shield do?
Founder Shield was established in 2012 in New York, United States, as a commercial insurance brokerage firm serving the startup sector. Education on insurance purchasing processes is delivered to the startup community to build confidence and security. A complete range of insurance products is offered to safeguard founders, investors, and companies. Technology is employed to address inefficiencies in traditional insurance models and to enable customized coverage options.
Who are the top competitors of Founder Shield?
Founder Shield's top competitors include Jones, Huckleberry and Coterie.
What products or services does Founder Shield offer?
Founder Shield offers Cyber Liability Insurance, Directors & Officers Insurance, and General Liability Insurance.
Who are Founder Shield's investors?
Founder Shield has 1 investor. Key investors include MSI.
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