About Insurate
Insurate is a company based in Seattle (United States) founded in 2019. Insurate has raised $4.5 million across 1 funding round from investors including Foundation Capital, HSCM Ventures and Revolution. Insurate offers products and services including Workers' Compensation Insurance and AI Underwriting Service. Insurate operates in a competitive market with competitors including Pie Insurance, Kinetic, Glow, Asteya and Breeze, among others.
- Headquarter Seattle, United States
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Insurate, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.5 M (USD)
in 1 rounds
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Latest Funding Round
$4.5 M (USD), Seed
Oct 04, 2021
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Investors
Foundation Capital
& 4 more
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Employee Count
Not available
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Products & Services of Insurate
Insurate offers a comprehensive portfolio of products and services, including Workers' Compensation Insurance and AI Underwriting Service.
Coverage for workers in high-risk industries with AI-driven premium calculations.
Data science tool for evaluating and rewarding safe company practices.
People of Insurate
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Funding Insights of Insurate
Insurate has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.5 million completed in October 2021. 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 Insurate
Insurate has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Foundation Capital, HSCM Ventures and Revolution.
| Investor | Description | Founded Year | Domain | Location |
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HSCM Ventures is focused on venture investments in insurance technology.
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Revolution is recognized as a D.C.-based investment firm.
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Investor details for Insurate
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Investments & Acquisitions by Insurate
Investment portfolio details for Insurate
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Financial Statements - Insurate
Detailed financials for Insurate
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Insurate Comparisons
Peer comparison for Insurate
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Competitors of Insurate
Insurate 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 Pie Insurance, Kinetic, Glow, Asteya and Breeze, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Workers' compensation insurance is provided online for small businesses.
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Tech-driven programs for reducing workplace injuries are offered.
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Insurance solutions for small businesses are provided by Glow.
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Provider of income insurance policies for individuals unable to work.
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Disability insurance is offered via an internet-first platform.
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Insurance policy suite solutions are provided for workplace safety.
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Detailed competitors of Insurate
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Latest news on Insurate
Complete news archive for Insurate
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Frequently Asked Questions about Insurate
Insurate was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Insurate is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Insurate is a funded company, having raised a total of $4.5M across 1 funding round to date.
Insurate was founded in 2019 and is based in Seattle, United States. Operations focus on the insurance and risk management sector, where solutions for adjusting workers compensation premiums, healthcare coverage, and financial protection are provided to agents, carriers, and businesses. Data science and analytics tools are also utilized to pinpoint companies that demonstrate safety levels above industry norms.
Insurate's top competitors include Pie Insurance, Kinetic and CompScience.
Insurate offers Workers' Compensation Insurance and AI Underwriting Service.
Insurate has 5 investors. Key investors include Foundation Capital, HSCM Ventures, Revolution, Clocktower Technology Ventures, and Sure Ventures.