About SageSure
SageSure is a company based in Jersey City (United States) founded in 2006.. SageSure has raised $319.95 million across 4 funding rounds from investors including Ares Management, Citizens Bank and Amwins. SageSure has completed 2 acquisitions, including GeoVera Insurance and Olympus Insurance. SageSure offers products and services including Insurance Policies, Claims Services, and Policy Services. SageSure operates in a competitive market with competitors including Honeycomb Insurance, Matic Insurance, Azibo, SmartFinancial and ValueInsured, among others.
- Headquarter Jersey City, United States
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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
*********
- Legal Name Sagesure Insurance Managers Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$319.95 M (USD)
in 4 rounds
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Latest Funding Round
$69.95 M (USD), Series D
May 23, 2025
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Investors
Ares Management
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
GeoVera Insurance
& 1 more
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Products & Services of SageSure
SageSure offers a comprehensive portfolio of products and services, including Insurance Policies, Claims Services, and Policy Services. 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.
Provides tailored property insurance for homes and businesses.
Handles claims reporting and processing for policyholders.
Offers underwriting and payment management for policies.
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Funding Insights of SageSure
SageSure has successfully raised a total of $319.95M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $69.95 million completed in May 2025. 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 Total Funding
- Total Rounds 4
- Last Round Series D — $70.0M
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First Round
First Round
(25 Sep 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series D - SageSure | Valuation |
investors |
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| May, 2023 | Amount | Series D - SageSure | Valuation | Amwins , Flexpoint Ford | |
| Feb, 2022 | Amount | Debt – Conventional - SageSure | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 SageSure
SageSure has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Ares Management, Citizens Bank and Amwins. 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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Private equity firm focused on financial services and healthcare companies
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Founded Year | Domain | Location | |
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Alternative asset investment management firm
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Founded Year | Domain | Location | |
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Property and casualty insurance services are provided by Amwins.
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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 SageSure
SageSure has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GeoVera Insurance and Olympus Insurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Homeowners insurance is specialized in for Florida properties.
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2007 | ||||
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Earthquake and windstorm-hurricane insurance is provided by GeoVera Insurance.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SageSure
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Sagesure Comparisons
Competitors of SageSure
SageSure 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 Honeycomb Insurance, Matic Insurance, Azibo, SmartFinancial and ValueInsured, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based comparison platform for real estate insurance
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| domain | founded_year | HQ Location |
Provider home insurance quote solutions
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| domain | founded_year | HQ Location |
Digital banking and rent collection services are provided for landlords.
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| domain | founded_year | HQ Location |
Home insurance is compared and purchased through an online platform.
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| domain | founded_year | HQ Location |
Home down payment protection insurance is provided for homebuyers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Sagesure
Frequently Asked Questions about SageSure
When was SageSure founded?
SageSure was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Where is SageSure located?
SageSure is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
Who is the current CEO of SageSure?
Terrence McLean is the current CEO of SageSure.
Is SageSure a funded company?
SageSure is a funded company, having raised a total of $319.95M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $375M, raised on Sep 25, 2021.
What does SageSure do?
SageSure was established in 2006 in Jersey City, United States, within the property insurance sector. An online platform is maintained for comparing residential and commercial property insurance options targeted at individuals and businesses. Collaborations are held with partners including SafePort Insurance Company, Wilshire Insurance Company, and TransGuard Insurance Company of America. Claim assistance services are extended to support users throughout the process.
Who are the top competitors of SageSure?
SageSure's top competitors include Azibo, Honeycomb Insurance and Matic Insurance.
What products or services does SageSure offer?
SageSure offers Insurance Policies, Claims Services, and Policy Services.
How many acquisitions has SageSure made?
SageSure has made 2 acquisitions, including GeoVera Insurance, and Olympus Insurance.
Who are SageSure's investors?
SageSure has 4 investors. Key investors include Ares Management, Citizens Bank, Amwins, and Flexpoint Ford.