About Zensurance
Zensurance is a company based in Toronto (Canada) founded in 2016 was acquired by Travelers in August 2018.. Zensurance has raised $2.2 million across 3 funding rounds from investors including Travelers, DMZ Ventures and Ferst Capital Partners. Zensurance offers products and services including Commercial Insurance, Business Liability Insurance, and Cyber Liability Insurance. Zensurance operates in a competitive market with competitors including Ocean Falls Blockchain, Base Portfolio, Advanced Business Insurance and Bullfrog Insurance, among others.
- Headquarter Toronto, Canada
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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
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- Legal Name Zensurance Brokers Inc
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Products & Services of Zensurance
Zensurance offers a comprehensive portfolio of products and services, including Commercial Insurance, Business Liability Insurance, and Cyber Liability Insurance. 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.
Offers quotes and policies for business liability and property coverage
Provides protection against business-related risks and claims
Covers digital threats and data breaches for businesses
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Funding Insights of Zensurance
Zensurance has successfully raised a total of $2.2M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in July 2018. 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 3
- Last Round Seed — $1.2M
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First Round
First Round
(18 Oct 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2018 | Amount | Seed - Zensurance | Valuation |
investors |
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| Nov, 2016 | Amount | Seed - Zensurance | Valuation |
investors |
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| Oct, 2016 | Amount | Grant - Zensurance | 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 Zensurance
Zensurance has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Travelers, DMZ Ventures and Ferst Capital Partners. 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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Startups across sectors are accelerated by DMZ Ventures.
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Portfolio investment services are offered by Ferst Capital Partners.
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Portage is engaged in fintech and financial services 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Zensurance
| 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 - Zensurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Zensurance Comparisons
Competitors of Zensurance
Zensurance 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 Ocean Falls Blockchain, Base Portfolio, Advanced Business Insurance and Bullfrog Insurance, 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 |
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| domain | founded_year | HQ Location |
Cryptocurrency mining hosting services are provided using renewable energy.
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An online platform offering insurance solutions tailored for real estate owners.
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Provides quotes for various business insurance options in Canada.
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Offered fast, simple online shopping for small business insurance coverage in Canada.
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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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On-demand services are booked through an app-based platform.
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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 Zensurance
Frequently Asked Questions about Zensurance
When was Zensurance founded?
Zensurance was founded in 2016.
Where is Zensurance located?
Zensurance is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Zensurance a funded company?
Zensurance is a funded company, having raised a total of $2.2M across 3 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Oct 18, 2016.
What does Zensurance do?
Zensurance was founded in 2016 in Toronto, Canada, as an online platform focused on the insurance sector for small and medium-sized enterprises. Business insurance requirements are addressed by identifying tailored policies, comparing rates from various insurers, and generating quotes for industries including hospitality, media, financial services, real estate, and healthcare. Operations are conducted digitally to streamline access for startups and small businesses.
Who are the top competitors of Zensurance?
Zensurance's top competitors include Ocean Falls Blockchain, Base Portfolio and Advanced Business Insurance.
What products or services does Zensurance offer?
Zensurance offers Commercial Insurance, Business Liability Insurance, and Cyber Liability Insurance.
Who are Zensurance's investors?
Zensurance has 5 investors. Key investors include Travelers, DMZ Ventures, Ferst Capital Partners, Portage, and The Next Big Idea Contest.