RESure

Plano, United States Founded: 2016 • Age: 10 yrs
Functions as an internet-first platform for insurance services.

About RESure

RESure is a company based in Plano (United States) founded in 2016 by Yathish Nagavalli and Gautham Peddibhotla. It operates as a B2C. RESure has raised $40 thousand across 1 funding round from investors including Global Insurance Accelerator. RESure operates in a competitive market with competitors including DigiSure, Assurely, Journey and Grind Insurance, among others.

  • Headquarter Plano, United States
  • Founders Yathish Nagavalli, Gautham Peddibhotla
  • Sectors
    Financial Services
  • Website resure.io
  • Legal Name Re-Sure Data Labs Private Limited
  • Date of Incorporation 08 Mar, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Net Loss
    -₹33.1 Lakh

    FY 2025 · -413541% margin

  • EBITDA
    -₹33 Lakh

    FY 2025 · -412284% margin

  • Total Equity Funding
    $40K (USD)

    in 1 rounds

  • Latest Funding Round
    $40K (USD), Seed

    Jan 2017

  • Investors

Funding Insights of RESure

RESure has successfully raised a total of $40K through 1 strategic funding round. The most recent funding activity was a Seed round of $40 thousand completed in January 2017. 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 $40,000
  • Total Rounds 1
  • Last Round Seed β€” $40,000
  • First Round $40,000

    (Jan 2017)

  • Investors Count 1

All 1 funding rounds of RESure with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2017$40,000Seed–Global Insurance Accelerator
–
Valuation history

1 investors in total: 1 institutional.

Investors in RESure

RESure has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Global Insurance Accelerator.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startup accelerator focused on Financial Services sector
–globalinsuranceaccelerator.comDes Moines, United States
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Investor details for RESure

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  • Round participation
  • Investor portfolios
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Board of directors of Re-Sure Data Labs Private Limited (RESure)

Re-Sure Data Labs Private Limited is the primary company behind RESure. The board of Re-Sure Data Labs Private Limited currently have 2 directors; the longest-serving is Naga Gautham Peddibhotla, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Naga Gautham Peddibhotla
DIN 08384136
Director08 Mar 20197 yrs 7 moRe-Sure Data Labs Private Limited
Peddibhotla Nageswara Rao
DIN 08384135
Director08 Mar 20197 yrs 7 moRe-Sure Data Labs Private Limited

People of RESure

2 people are tracked at RESure (2 in leadership).

NameRoleGroup
Yathish Nagavalli
Co-Founder, CPTOLeadership
Co-Founder, CEOLeadership
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Complete people profiles for RESure

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of RESure

Figures of Re-Sure Data Labs Private Limited, the primary company behind RESure, for FY 2025. Net loss was -₹33.1 Lakh (-413541% margin). EBITDA was -₹33 Lakh (-412284% margin). Revenue has grown at a compounded annual rate of -96% over three years and -87% over five years.

  • -₹33.1 LakhNet loss · -413541% margin
  • -₹33 LakhEBITDA · -412284% margin
  • ₹1,000Paid-up capital
  • -96%Revenue CAGR, 3 years
  • -87%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Re-Sure Data Labs Private Limited are on its company page.

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Detailed financial statements for RESure

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of RESure

2 dated milestones of RESure across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded RESure is founded.
  2. Funding First funding round of $40K.

Competitors of RESure

RESure 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 DigiSure, Assurely, Journey and Grind Insurance, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
digisure.ai2019San Francisco, United States$13.1M–
An online insurance platform is operated for mobility businesses.
assurely.com2013New York, United States$615,000–
Insurance is provided for crowdfunding platforms and peer economy risks.
journey.live2015New York, United States$15.24M–
Mental health engagement platform provided for employees.
grindinsurance.com2020Scottsdale, United States––
Offers on-demand insurance solutions for the gig economy.
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Detailed competitors of RESure

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of RESure

The website of RESure (resure.io) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▼ 52.3% vs previous month

Similar companies to RESure

10 companies that operate in the same segment as RESure (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 M––
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 221.42 M––
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.16 BUSD 1.96 B1,440
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.99 B––
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 1.9 B––
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.06 BUSD 813.42 M3,231
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K3
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Digital banking services are provided for individuals and businesses.
2014Blyth, United KingdomUSD 852.48 M––
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Frequently Asked Questions about RESure

RESure was founded in 2016 and raised its 1st funding round 1 year after it was founded.

RESure is headquartered in Plano, United States. It is registered at Plano, Texas, United States.

Gautham Peddibhotla is the current CEO of RESure. They have also founded this company.

RESure is a funded company, having raised a total of $40K across 1 funding round to date. The company's 1st funding round was a Seed of $40K, raised on Jan 2017.

Annual revenue of RESure is $268.95K as on Mar 31, 2020.

RESure, founded in 2016 in Plano, United States, focuses on finance, offering insurance products, digital platforms, and online insurance. Functions as an internet-first platform for insurance services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.

RESure's top competitors include Journey, Assurely and DigiSure.

RESure has 1 investor. Key investors include Global Insurance Accelerator.

RESure operates through Re-Sure Data Labs Private Limited.

The legal entities of RESure currently have 2 directors, including Naga Gautham Peddibhotla, Peddibhotla Nageswara Rao.

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