About SALT Insure
SALT Insure is a company based in Grapevine (United States) founded in 2021.. SALT Insure has raised $2.25 million across 2 funding rounds from investors including Eagle Venture Fund. SALT Insure operates in a competitive market with competitors including Pathpoint, HeraldAPI, Beijing Yi Chong Technology, Xagent and Seopa, among others.
- Headquarter Grapevine, 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 Salt Insure Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.25 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Series A
May 12, 2022
- Investors
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Employee Count
Employee Count
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Funding Insights of SALT Insure
SALT Insure has successfully raised a total of $2.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in May 2022. 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 2
- Last Round Series A — $2.0M
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First Round
First Round
(03 Mar 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series A - SALT Insure | Valuation | Eagle Venture Fund |
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| Mar, 2021 | Amount | Seed - SALT Insure | Valuation |
investors |
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| 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 SALT Insure
SALT Insure has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Eagle Venture Fund. 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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Eagle Venture Fund is focused on impact-driven venture capital investments.
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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 SALT Insure
| 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 - SALT Insure
| 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 |
Salt Insure Comparisons
Competitors of SALT Insure
SALT Insure 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 Pathpoint, HeraldAPI, Beijing Yi Chong Technology, Xagent and Seopa, 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 |
Quoting software solutions are offered for the insurance industry.
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| domain | founded_year | HQ Location |
Cloud-based insurance quoting solutions for the P&C insurance industry
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| domain | founded_year | HQ Location |
Cloud-driven quoting solutions are offered for auto insurance.
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| domain | founded_year | HQ Location |
Commercial insurance is quoted and bound via an online platform.
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| domain | founded_year | HQ Location |
Offers price comparison platforms for tech and media brands.
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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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Frequently Asked Questions about SALT Insure
When was SALT Insure founded?
SALT Insure was founded in 2021.
Where is SALT Insure located?
SALT Insure is headquartered in Grapevine, United States. It is registered at Grapevine, Texas, United States.
Is SALT Insure a funded company?
SALT Insure is a funded company, having raised a total of $2.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Mar 03, 2021.
What does SALT Insure do?
Founded in 2021 and based in Grapevine, United States, SALT Insure operates in the insurance technology sector. Quoting services for home and auto insurance are provided to agents, along with tools for data collection, policy tracking, and export functionalities. Additional solutions include custom applications, document management, complaint handling, reporting systems, and consumer management features. Operations focus on streamlining workflows for property and casualty insurance processes.
Who are the top competitors of SALT Insure?
SALT Insure's top competitors include HeraldAPI, Pathpoint and Beijing Yi Chong Technology.
Who are SALT Insure's investors?
SALT Insure has 1 investor. Key investors include Eagle Venture Fund.