Surance

Ramat Hasharon, Israel Founded: 2017 • Age: 9 yrs
Cloud based cyber risk scoring platform for industrial and consumer IoT
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About Surance

Surance is a company based in Ramat Hasharon (Israel) founded in 2017.. Surance has raised $4 million across 1 funding round from investors including Tech Mahindra. Surance operates in a competitive market with competitors including SecurityScorecard, At-Bay, Upstream Security, GreenRoad and Cybellum, among others.

  • Headquarter Ramat Hasharon, Israel
  • Sectors
    Financial Services
    Technology Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Internet of Things (IoT) & Connectivity
Technology → Cloud, Data & Analytics Infrastructure
Technology → Cybersecurity & Privacy Solutions
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Apr 13, 2022

  • Investors
  • Employee Count
    Employee Count
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People of Surance
Headcount 10-50
Employee Profiles 1
Board Members and Advisors 3
Employee Profiles
People
Boaz Yam
CRO

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Teams

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Funding Insights of Surance

Surance has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in April 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 Rounds 1
  • Last Round Series A — $4.0M
  • First Round

    (13 Apr 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Series A - Surance Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Surance

Surance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tech Mahindra. 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.

All
Institutional
Investor Description Founded Year Domain Location
Provider of data analytics, cloud management, and business process outsourcing services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Surance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Surance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Surance Comparisons

Employees
+
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Competitors of Surance

Surance 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 SecurityScorecard, At-Bay, Upstream Security, GreenRoad and Cybellum, 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
Cloud-based security ratings and cybersecurity risk solutions are offered.
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Online cyber insurance platform is provided for business risk assessment.
domain founded_year HQ Location
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
domain founded_year HQ Location
Fleet telematics and management solutions for safe driving are provided.
domain founded_year HQ Location
SaaS cybersecurity solutions are delivered for the automotive sector.
domain founded_year HQ Location
Cyber security hardware is developed for automotive ECUs.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Surance

Frequently Asked Questions about Surance

When was Surance founded?

Surance was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is Surance located?

Surance is headquartered in Ramat Hasharon, Israel. It is registered at Ramat Hasharon, Tel Aviv District, Israel.

Is Surance a funded company?

Surance is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Apr 13, 2022.

What does Surance do?

Surance was founded in 2017 in Ramat Hasharon, Israel, within the cybersecurity sector. A cloud-based platform is offered for ongoing site surveys, risk assessments, cyber intelligence gathering, incident response, and claims processing in industrial and consumer IoT environments. Big data and artificial intelligence are utilized for cyber risk evaluations. Additional capabilities include one-click underwriting, chatbots, and continuous risk monitoring.

Who are the top competitors of Surance?

Surance's top competitors include Upstream Security, SecurityScorecard and At-Bay.

Who are Surance's investors?

Surance has 1 investor. Key investors include Tech Mahindra.

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