Purple Risk

New York, United States Founded: 2019 • Age: 7 yrs
Provides tailored insurance services for cannabis industry and other specialty sectors.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Purple Risk

Purple Risk is a company based in New York (United States) founded in 2019. It operates as a B2B. Purple Risk offers products and services including Cannabis Insurance and Risk Management Solutions. Purple Risk operates in a competitive market with competitors including WorldCover, AlphaRoot, Cannasure, Wingsure and AgencyRoot, among others.

  • Headquarter New York, United States
  • Sectors
    Healthcare
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Purple Risk Management Services, Llc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
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  • Employee Count
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Products & Services of Purple Risk

Purple Risk offers a comprehensive portfolio of products and services, including Cannabis Insurance and Risk Management Solutions.

Product name locked
Category locked
Primary

Tailored coverage for cannabis businesses to mitigate operational risks.

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Expert advice on risk analysis and compliance for specialty industries.

Funding Insights of Purple Risk

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Detailed funding history for Purple Risk

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Investments & Acquisitions by Purple Risk

Investments
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Investment portfolio details for Purple Risk

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Purple Risk

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Detailed financials for Purple Risk

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Purple Risk Comparisons

Purple Risk Primary company
Description
Provides tailored insurance services for cannabis industry a...
Location
New York, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Purple Risk

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Competitors of Purple Risk

Purple Risk 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 WorldCover, AlphaRoot, Cannasure, Wingsure and AgencyRoot, among others.

Company Name Domain Founded year HQ Location Description
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Online insurance platform for P2P crop insurance and investment
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Cannabis insurance quotes and risk management are offered online.
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Cannabis insurance products are provided for the medical marijuana industry.
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Crop insurance is delivered online to farmers and rural communities.
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Agency management software is developed for crop insurance agencies.
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Crop insurance policies are provided by NAU Country Insurance Company.
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Detailed competitors of Purple Risk

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Latest news on Purple Risk

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Complete news archive for Purple Risk

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Frequently Asked Questions about Purple Risk

Purple Risk was founded in 2019.

Purple Risk is headquartered in New York, United States. It is registered at New York, New York, United States.

PurpleRisk is a surplus lines commercial insurance agency that specializes in delivering customized insurance and risk management solutions to clients in the cannabis sector and other specialty businesses. Founded by David M. Kennedy, it operates as an independent broker, offering comprehensive coverage options to help businesses meet regulatory requirements and manage risks effectively. Based primarily in New York, United States, it focuses on building enduring relationships through transparent communication and expert consulting.

Purple Risk's top competitors include Nau Country Insurance Company, AlphaRoot and WorldCover.

Purple Risk offers Cannabis Insurance and Risk Management Solutions.

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