About Surround Insurance
Surround Insurance is a company based in Cambridge (United States) founded in 2018 by Kate Terry and Jonathon Grayson. Surround Insurance has raised $5.11 million across 3 funding rounds from investors including MassMutual, Plug and Play Tech Center and Aperture Venture Capital. Surround Insurance offers products and services including Insurance Guides, Comparison Tools, and Cost Reduction Tips. Surround Insurance operates in a competitive market with competitors including Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.
- Headquarter Cambridge, United States
- Founders Kate Terry, Jonathon Grayson
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$5.11 M (USD)
in 3 rounds
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Latest Funding Round
$2.51 M (USD), Seed
Oct 28, 2022
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Investors
MassMutual
& 10 more
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Employee Count
Not available
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Products & Services of Surround Insurance
Surround Insurance offers a comprehensive portfolio of products and services, including Insurance Guides, Comparison Tools, and Cost Reduction Tips.
Offers articles on selecting and managing auto insurance policies
Provides comparisons of insurance companies and their offerings
Shares methods to lower auto insurance premiums effectively
People of Surround Insurance
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Funding Insights of Surround Insurance
Surround Insurance has successfully raised a total of $5.11M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.51 million completed in October 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.
Investors in Surround Insurance
Surround Insurance has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include MassMutual, Plug and Play Tech Center and Aperture Venture Capital.
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Early-stage investments in technology companies are made by Aperture VC.
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Startups are accelerated and invested in across multiple tech sectors.
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Investor details for Surround Insurance
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Investments & Acquisitions by Surround Insurance
Investment portfolio details for Surround Insurance
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Surround Insurance
Detailed financials for Surround Insurance
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Surround Insurance Comparisons
Peer comparison for Surround Insurance
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Surround Insurance
Surround Insurance 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 Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.
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Automotive insurance is delivered via an online platform.
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Usage-based data monitoring solutions for the auto insurance industry
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App that provides usage-based auto insurance platform for individuals
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Telematics-based data & monitoring solutions for auto insurers and fleet owners
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App-based auto insurance comparison is offered to individuals.
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Vehicle data is monitored through plugin devices for usage-based insurance.
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Detailed competitors of Surround Insurance
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Latest news on Surround Insurance
Complete news archive for Surround Insurance
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- Full article archive
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Frequently Asked Questions about Surround Insurance
Surround Insurance was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Surround Insurance is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Jonathon Grayson is the current CEO of Surround Insurance. They have also founded this company.
Surround Insurance is a funded company, having raised a total of $5.11M across 3 funding rounds to date.
Surround Insurance was founded in 2018 in Cambridge, United States, within the insurance sector. A cloud-based platform is operated to manage auto insurance, including coverages for accidents, property damage, and rented vehicles. An online portal is provided for claim processing by users. Quoting software is supplied to insurance agents and brokers for operational support.
Surround Insurance's top competitors include Clearcover, Metromile and Sigo Insurance.
Surround Insurance offers Insurance Guides, Comparison Tools, and Cost Reduction Tips.
Surround Insurance has 11 investors. Key investors include MassMutual, Plug and Play Tech Center, Aperture Venture Capital, NVP Capital, and Cameron Ventures.